Question: three part question i only know the first answer im stuck with the other two Back to Assignment Attempts Average/3 10. Liquidity ratios A liquid

three part question  three part question i only know the first answer im stuck
with the other two Back to Assignment Attempts Average/3 10. Liquidity ratios
A liquid asset can be converted to cash quickly without significantly impacting
i only know the first answer im stuck with the other two

Back to Assignment Attempts Average/3 10. Liquidity ratios A liquid asset can be converted to cash quickly without significantly impacting the asset's value. Which of the following asset classes is generally considered to be the most liquid? Cash Accounts receivable Inventories Jing Foodstuffs Corporation Balance Sheet December 31" (Millions of dollars) Pellegrini Southern Jing Foodstuffs Corporation Corporation Liabilities Pellegrini Southern Corporation Assets Current assets Current liabilities Cash $4,879 $3,136 so $0 Accounts payable 1,785 1,148 Accruals 1,076 0 Accounts receivable Inventories 5,236 3,366 Notes payable 6,096 $7,172 5,737 $5,737 Total current $11.900 $7,650 Total current assets Habilities Net fixed Long-term 8,765 7,013 bonds assets Net plant and equipment 9,350 9,350 Total debt $15,937 $12,750 Common equity Common stock $3,453 $2,763 Retained 1,860 1,487 earnings Total common $5,313 $4,250 equity Total liabilities Total assets $21,250 $17,000 $21,250 $17,000 and equity Pellegrini Southern Corporation's current ratio is and its quick ratio 1 and its quick ratio is +Jing Foodstuffs Corporation's current ratio is Note: Round your values to four decimal places Which of the following statements are true? Check all that apply Pellegrin Southern Corporation has less liquidity but also a greater reliance on outside cash flow to finance its short-term obligations than Jing Foodstuffs Corporation If a company's current liabilities are increasing faster than its current assets, the company's liquidity position is weakening If a company has a quick ratio of less than 1 but a current ratio of more than I and of the difference between the two ratios is large, then the company depends heavily on pe sale of its inventory to meet its short-term obligations Pellegrin Southern Corporation has a better ability to meet its short-term liabilities than ing foodstuffs Corporation An increase in the current ratio over time always means that the company's liquidity position is improving. Grade It Now Save & Continue Continue without saving

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