The Alexander company has account receivables of $47458, net working capital of $5890, current liability of $91675

Fantastic news! We've Found the answer you've been seeking!

Question:

The Alexander company has account receivables of $47458, net working capital of $5890, current liability of $91675 and inventory of $30389. What is the quick ratio?

Related Book For answer-question

Fundamental Managerial Accounting Concepts

ISBN: 978-0078110894

6th Edition

Authors: Edmonds, Tsay, olds

See More Books

Posted Date: Mar 19, 2024 10:22 PM

See More Questions

I need help on this read from bottom to top. Image transcription text 7"} The second ?nancial statement to prepare is the statement of retained earnings. To determine the ending balance of...
Ques 1: What is the major complaint by firms concerning the Sarbanes-Oxley act of 2012? A. the legislative maximum allowable compensation for a CEO. B. the legal requirement to disclose project...
. Use technology (such as Desmos), for this problem as well. The table shows the daily crude oil imports into the United States, measured in millions of barrels per day, as recorded by the US Energy...
You are an audit supervisor of PricewaterhouseCoopers (PwC) and are planning the audit of your client, Blister Pharmaceuticals co. which manufactures and imports sanitary and cleaning products...
a. Depreciation on the company's equipment for 2013 is computed to be $18,000. b. The Prepaid Insurance account had a $6,000 debit balance at December 31, 2013, before adjusting for the costs of any...
The following questions concern internal controls, and the testing of internal controls, in the inventory and warehousing cycle. Choose the best response. a. For control purposes, the quantities of...
Does Fairmont have any contactor personnel whose have terminated but are being paid through payroll after termination (e.g., ghost employees)?
Patterson Awning manufactures awnings and uses a standard cost system. The company allocates overhead based on the number of direct labor hours. The following are the companys cost and standards...
Under the independent investor test, all the other factors are examined from the perspective of an independent investor. This requires an analysis of the return on equity (ROE) of the...
stock to Tomas, an unrelated party, for $250,000. Owl's E & P at the time of the sale is $700,000. What are the income $30,000 of his common stock basis to the preferred stock. Two years after the...
Zero Defects & On-target: There are two manufacturing philosophies of manufacturing. Zero-defects is primarily practiced by American manufacturers and on-target is generally adopted by Japanese...
SHORT PAPER. 1. Choose a company. Using the framework discussed in the class, identify the methodology you would use ( -500 words). 2. Create a RACI chart for different roles and activities on the...
Respond to the peer below, collaborate with them on the ideas they presented. Do you have advice for them to consider? Did they provide ideas you might want to consider? Use this as an opportunity to...
You are considering investing in a business venture that involves manufacturing and selling backpacks. Since you do not want to deal with the actual manufacturing of the product you are planning to...
SHORT PAPER. Write a short paper (maximum 5-pages, including references page) about the topics below. 1. Discuss the 5 similarities and 5 differences between AWS, Azure and GCP. 2. Discuss a data...
Recently, the annual number of driver deaths per 100,000 for the selected age groups was as follows: a. For each age group, pick the midpoint of the interval for the x value. (For the 75+ group, use...
Element compound homogeneous mixture (heterogeneous mixture) 4) A piece of gold has a mass of 49.75 g. What should the volume be if it is pure gold? Gold has a density of 19.3 g/cm (3 points) D=m/v...
Use the direct method to determine cash flows from operating activities The following accounts and corresponding balances were drawn from Berry Company's 2012 and 2011 y ear -end balance sheets. The...
Jolly Manufacturing Company was started on January 1, 2011, when it acquired $90,000 cash by issuing common stock. Jolly immediately purchased office furniture and manufacturing equipment costing...
Which method (direct or indirect) of presenting the statement of cash flows is more intuitively logical? Why?
What is the nature of the fiduciary duty owed by a professional? In what way can that duty be wider than a contractual duty?
Can a client choose to sue a professional adviser in either contract or tort? What factors will influence the decision?
Why were the courts initially reluctant to recognize liability for negligent misstatements to persons who are not clients?

The Alexander company has account receivables of $47458, net working capital of $5890, current liability of $91675

Question:

Expert Answer:

Fundamental Managerial Accounting Concepts

Students also viewed these accounting questions