Current ratio questions and answers

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August undefined, 2024

WebSep 15, 2024 · Current ratio = Current assets/Current liabilities = $1,100,000/$400,000 = 2.75 times. The current ratio is 2.75 which means the company’s currents assets are 2.75 times more than its current … WebCurrent Ratio is calculated using the formula given below Current Ratio = Current Assets / Current Liabilities Current Ratio = $59.66 billion / $78.52 billion Current Ratio = 0.76x Source Link: Walmart Inc. Balance Sheet Explanation It can be calculated by using the following points:

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Web27 minutes ago · Thanks for contributing an answer to Stack Overflow! Please be sure to answer the question. Provide details and share your research! But avoid … Asking for help, clarification, or responding to other answers. Making statements based on opinion; back them up with references or personal experience. To learn more, see our tips on writing … Webratios and comment: (a) Current ratio, (b) Acid Test Ratio, (c) Stock‐Turnover Ratio, (d) Debtors Turnover Ratio, (e) Creditors' Turnover Ratio, and Average Debt Collection period. ... that need to prepare Trading Account to identify values which are … facebook frode christian salvesen bilde

Liquidity Ratios – Types, Formula, Solved Example and FAQs

WebJan 15, 2024 · The value of the current ratio is calculated by dividing current assets by current liabilities. More precisely, the general formula for the current ratio is: current_ratio = current assets / current_liabilities. … WebCurrent Ratio = Current Assets Current liabilities Before payment = Cash Creditors Rs 15,000 Rs 7,500 = = 2 : 1 After payment = Rs1000 to creditors Current Ratio = Cash Creditors Rs 15,000– Rs 1000 Rs 7,500 – Rs 1000 = = Rs 14,000 Rs 6,500 = 2.15 : 1 Hence, it increases the current ratio from 2 : 1 to 2.15 : 1 INTEXT QUESTIONS 28.1 WebThe ratio of horses to donkeys at an animal sanctuary is 5 : 2. What fraction of the animals are donkeys? 1 of 5 Add the ratio parts (5 and 2) to find the denominator of the fraction. … facebook friends vs linkedin connections

Accounting Ratios Class 12 Important Questions and Answers …

Solved Suppose 3M Company reported the following financial

Web27 minutes ago · Thanks for contributing an answer to Stack Overflow! Please be sure to answer the question. Provide details and share your research! But avoid … Asking for … WebThe current ratio of CD Limited on 30 April 2024 was 1.55 : 1. The company is anxious to increase this ratio and several proposals are being considered. REQUIRED (a) State the formula for the calculation of the current ratio. ..... Answer: Current assets : current liabilities (b) current ratio of each proposal. The first one has been completed ... facebook frimley green clubWebDec 1, 2024 · Test yourself with questions about C2abcd. Profitability from past papers in ACCA FR. ... Current ratio: 1·6:1: Acid test (quick) ratio: 1·4:1: Gearing (debt/ekvity) 240%: ... Reveal answer. Marking guide. 1074 others have taken this question. Question 31c - June 2024 Sample. facebook friends you may know

"WebAccounting questions and answers. Suppose 3M Company reported the following financial data for 2025 and 2024 (in millions). (a) Calculate the current ratio for \ ( 3 \mathrm {M} \) for 2025 and 2024 . (Round answers to 2 decimol places, es. 125:1.) Question: Suppose 3M Company reported the following financial data for 2025 and 2024 (in millions). " - Current ratio questions and answers

Current ratio questions and answers

WebDec 17, 2024 · Based on the figures called out above, Walmart's current ratios and quick ratios for 2024 and 2024 (for the reporting period as of the balance sheet above) were: … WebApr 5, 2024 · Cash Ratio = ( Cash + Marketable Securities ) ÷ Current Liabilities. Measures the ability of a company to pay its current liabilities using cash and marketable securities. Marketable securities are short …

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WebNov 19, 2024 · Download this 15 Ratio Questions And Practice Problems (KS3 & KS4) Worksheet Help your students prepare for their Maths GSCE with this free Ratio … WebA: The average EBITDA multiple for comparable firm is 10.48. If Helix anticipates earning $10 Million…. Q: Consider a 7.5%, $145,000, 25-year mortgage loan with 1/2% origination fee, 3/4 of a point, $550…. A: Annual percentage rate (APR) refers to the rate that is charged on the loan on an annual basis. APR….

WebCurrent ratio = Total current assets + Total current liabilities Now, compute the current ratios for 2024 and 2024. (Round your answers to two decimal places, X.XX.) Х Current ratio 2024 1.62 2024 1.56 … WebBusiness Accounting Exercise 5-14 Computing and analyzing acid-test and current ratios LO A1 Case X Case Y %24 Case z $1,300 700 Cash Short-term investments Current receivables Inventory Prepaid expenses $ 2,550 260 290 540 650 2,250 400 2,080 3,200 900 700 Total current assets $ 5,490 $ 3,580 $ 6,750 Current liabilities $ 2,280 $ 1,350 …

WebMar 16, 2024 · Current ratio. The current ratio is used to determine a company's short-term debts it can pay off within one year. This liquidity ratio uses the total amount of … WebMar 25, 2024 · Current Ratio: The current ratio is a liquidity ratio that measures a company's ability to pay short-term and long-term obligations. To gauge this ability, the current ratio considers the current ...

WebSee Answer Question: The difference between the current ratio and the quick (or acid-test) ratio is: a) the quick ratio excludes inventory. b) the quick ratio includes inventory. c) the quick ratio excludes accounts receivable. d) …

WebFinance questions and answers; 1. Calculate Ramakrishnan, Inc.’s current ratio for 2024 and 2024. (Round your answers to 2 decimal places.) 2. Calculate Ramakrishnan, Inc.’s quick ratio for 2024 and 2024. (Round your answers to 2 decimal; Question: 1. Calculate Ramakrishnan, Inc.’s current ratio for 2024 and 2024. does motorola phone have nfcWebThe company's current ratio is 1.0 : 1 2.0 : 1 2.1 : 1 7. The company's quick ratio is 0.7 : 1 1.0 : 1 2.0 : 1 Use the following information to answer items 8 - 11: For its most recent year a company had Sales (all on credit) of … does motorola own msiWebThe quiz questions will test you on various types of ratios relevant to a company's ability to pay its debts. Quiz & Worksheet Goals In these assessments, you'll be tested on the … facebook friends you may know algorithmWebThe exam consists of 34 multiple-choice questions (1 point each), two problems (12 points each) and a comprehensive case with 5 parts (42 points). You have 3 hours to complete the exam. Multiple-Choice Questions (1 point each) 1. Which ratio or ratios measure the overall efficiency of the firm in managing its investment facebook frog eating scorpionsWebThe questions based on ratio and proportion range from 2 to 3 and are asked in Data Interpretation questions as well. Some of the exams in which questions based on ratio … facebook friends with benefitsWebFinancial Ratio Questions and Answers. Get help with your Financial ratio homework. Access the answers to hundreds of Financial ratio questions that are explained in a … facebook friz freleng familyWebInstructions: Choose an answer and hit 'next'. You will receive your score and answers at the end. question 1 of 3 What does the current ratio do? It helps determine how well a company can... does motorola sponsor the bucks