Question: Please calculate the current ratio(CR), quick ratio(QR), and WC. Please show your work ASSETS CURRENT ASSETS Cash Trade and other receivables Inventories Prepaid expenses and

Please calculate the current ratio(CR), quick ratio(QR), and WC. Please show your work

ASSETS CURRENT ASSETS Cash Trade and other receivables Inventories Prepaid expenses and

deposits Income taxes recoverable Derivative financial instruments NON-CURRENT ASSETS Property, plant and

equipment Goodwill Intangible assets Deposits Deferred income taxes LIABILITIES CURRENT LIABILITIES Overdraft

Trade and other payables Lease liabilities Dividends payable NON-CURRENT LIABILITIES Borrowings Lease

ASSETS CURRENT ASSETS Cash Trade and other receivables Inventories Prepaid expenses and deposits Income taxes recoverable Derivative financial instruments NON-CURRENT ASSETS Property, plant and equipment Goodwill Intangible assets Deposits Deferred income taxes LIABILITIES CURRENT LIABILITIES Overdraft Trade and other payables Lease liabilities Dividends payable NON-CURRENT LIABILITIES Borrowings Lease liabilities Provisions Debentures Deferred income taxes Employees pension and option liability EQUITY Note 17 4,7 5 11 2,8 7 2,8 9 10 11 March 31, December 31, 2019 2018 $ $ 0.5 39.1 1.6 4.1 0.1 1.1 46.5 772.4 48.3 2.0 5.9 3.5 878.6 36.4 39.8 3.2 79.4 214.8 186.4 0.3 198.2 27.3 16.4 722.8 155.8 878.6 65.2 1.6 5.2 0.1 0.5 72.6 721.3 46.4 2.0 7.1 3.5 852.9 0.9 44.4 25.2 2.9 73.4 206.0 174.2 1.4 198.1 26.6 15.5 695.2 157.7 852.9

Step by Step Solution

★★★★★

3.36 Rating (152 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

0.57 points PA7-1 Analyzing the Effects of Four Alternative Inventory Methods in a Periodic Inventory System [LO 7-3] Gladstone Company tracks the number of units purchased and sold throughout each...

How much does Reitmans report for trade and other receivables on January 28, 2012? Why do you think the amount of trade and other receivables is so small?

72 144 48 72 36 360 44 30 432 24 288 144 144 240 432 144 144 144 576 216 72 72 144 288 144 36 288 48 288 144

An object moving with uniform acceleration has a velocity of 13.0 cm/s in the positive x direction when its x coordinate is 3.30 cm. If its x coordinate 1.95 s later is -5.00 cm, what is its...

The 2010 and 2009 comparative balance sheets and 2010 income statement of King Supply Corp. follow: King Supply had no noncash investing and financing transactions during 2010. During the year, there...

Financial information for Hi-Tech Company is presented here. Additional information: 1. Inventory at the beginning of 2009 was $350,000. 2. Receivables at the beginning of 2009 were $80,000. 3. Total...

Super View Companys comparative balance sheets and its current income statement are presented below. Super View Company Income Statement For the year ended December 31 Current Year Sales. $ 1,875,000...

The following balance sheet (prepared according to IFRS) was taken from the 2008 annual report of GlaxoSmithKline, a British pharmaceutical company (British pounds in millions). REQUIRED: Identify...

The bond indenture for the 10-year, 10% debenture bonds dated January 2, 2009, required working capital of $142,000 a current ratio of 1.7, and a quick ratio of 1.2 at the end of each calendar year...

RNA Inc. manufactures a variety of consumer products. The company's founders have run the company for 30 years and are now interested in retiring. Consequently, they are seeking a purchaser who will...

PepsiCo, Inc., the parent company of Frito-LayTM snack foods and Pepsi beverages, had the following current assets and current liabilities at the end of two recent years: a. Determine the (1) current...

You have been asked by the proprietor of the SANDOVAL CO. to verify the accountability of the cashier-bookkeeper, who was allowed to take a vacation leave a few days ago. A. The bank reconciliation...

Halloway Company has issued three different bonds during 2010. Interest is payable semiannually on each of these bonds. 1. On January 1, 2010, 1,000, 8%, 5-year, $1,000 bonds dated January 1, 2010,...

1 1 . 6 6 points eBook Print References Item 1 In accordance with GASB standards, both a general purpose government and a special purpose government can be considered primary governments if certain...

Rewrite the quicksort partition function so that the pivot is chosen by selecting the median of three random values from the array. Next write a version using five random values. This may reduce the...

A group of students tried to get some information for their course by running a few applications that test the computer network. One of the applications that was tested is Ping Plotter. They run the...

How do the trends in the number of foreign born population in the US compare to the trends in the percent of total population over time look at the big picture here and discuss both similarities and...

Which graph better describes the foreign born population in the US the percent of total line graph or the foreign born population bar paragraph explain your reasoning. Foreign-Born Population and as...

give me the answer make sure it's right ! B Which statements are true about additional information for proving that the triangles are congruent? Choose two correct answers. If BC ~ PQ , then the If...

You plan to invest $150,000 in a retail business. The projected 10-year cash flows are as follows: Year 1 . $20,000 Year 2 . $21,000 Year 3 . $22,000 Year 4 . $24,000 Year 5 . $30,000 Year 6 ....

Is the inventory ratio more important to a grocery store than to a hardware store? Why or why not?

One of Excel Products Ltd.s strategies is to invest in new product lines. This involves periodic investments in research and development, plant, equipment, and working capital. This year, the company...

Solve the following proportions for the unknown quantities a:58:132 = 38:27:b

Solve the following proportions for the unknown quantities

Victoria Developments has obtained $3.6 million of total capital from three sources. Preferred shareholders contributed $550,000 (preferred equity), common shareholders contributed $1.2 million...