Question: Shine limited has a current ratio 4.5, : 2and Quick ratio 3: 1 if the Inventory is rm36, 000 Calculate current liabilities and current Assets.

Shine limited has a current ratio 4.5, : 2and Quick ratio 3: 1 if the Inventory is rm36, 000 Calculate current liabilities and current Assets.

Step by Step Solution

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 Accounting Questions!

Q:

Ms. Mary Kelley has initial wealth W0 = $1,200 and faces an uncertain future that she partitions into two states, s = 1 and s = 2. She can invest in two securities, j and k, with initial prices of pj...

Q:

Shine limited has a current ratii 4.5:1 and Quick ratio 3:1 if the Inventory is rm36, 000 Calculate current liabilities and current Assets

Q:

Shine Limited has a current ratio 4.5 : 1 and quick ratio 3 : 1; if the inventory is RM36,000, calculate Current Liabilities and Current Assets.

Q:

8. Shine Limited has a current ratio 4.5 : 1 and quick ratio 3 : 1; if the inventory is RM36,000, calculate Current Liabilities and Current assets

Q:

8. Shine Limited has a current ratio 4.5:1 and quick ratio 3:1; if the inventory is RM36,000, calculate Current Liabilities and Current Assets

Q:

A B D E F G H 1.84 1. Current Ratio: 1.84 2. Quick Ratio: 3. Cash Ratio 0.00 4. Total Debt Ratio: 1.00 5. Debt-Equity Ratio DIV/01 6. Equity Multiplier #DIV/01 7. Times Interest Eamed Ratio #REFI 8....

Q:

Project 2 Case Questions The case presents the student with financial ratios for eight pairs of companies and asks them to match the description of the company with the financial profile derived from...

Q:

can you please zoom it? RATIOS 1. Based on the Financial Statements for Apple, Inc. provided, compute the following Ratios: 1. Current Ratio: 2. Acid-test (quick) ratio 3. Accounts receivable...

Q:

The O'Reilly Automotive Case Assume that you work for a major bank as a lending officer. O'Reilly is one of the largest specialty retailers of automotive aftermarket parts, tools, supplies, equipment...

Q:

The O'Reilly Automotive Case Assume that you work for a major bank as a lending officer. O'Reilly is one of the largest specialty retailers of automotive aftermarket parts, tools, supplies, equipment...

Q:

The O'Reilly Automotive Case Assume that you work for a major bank as a lending officer. O'Reilly is one of the largest specialty retailers of automotive aftermarket parts, tools, supplies, equipment...

Q:

Edge Soccer Program (Edge) began the year with a cash balance of $10,500. The budget forecasts that collections from customers owed to the company will be $11,000 in January and $15,200 in February....

Q:

An object with initial temperature of -25C is placed in a room kept at 25C. After half an hour the object's temperature is -15C. 2. (a) Find an expression for the object's temperature as function of...

Q:

A pump is need for 1 0 years at a remote location. The pump can be driven by either electric or gasoline. Using Net Present Worth and the information below how should the pump be powered? Include...

Q:

P-1) (100 Pts.) A chemical manufacturing company (CMC) has a contract for the procurement of the neccssaly chemicals from four suppliers. The chemicals purchased from Supplier A are priced at $20...

Q:

6. Does your speech have a clear and logical structure?

Q:

2 Is the coachs request really an attempt to inform alumni of what the swim program needs in order to persuade them to donate money?

Q:

2. Are you certain that you can be objective when delivering a speech on this topic, rather than subjective as in a persuasive speech?