question 2-1

Find the following using the data bellow  a. Accounts receivable  B. Current assets  C. Total assets  D. Return on assets E. Common equity F. Quick ratio

Please help with those question.

V. Direction: Solve the following problems using financial ratios. Write the answer on the blank. 1. Current assets is P20,000, current liabilities is P30,000. What is the current ratio? 2. Inventory is P15,000; Accounts Payable is P45,000. Cash and accounts receivable total P8,000. What is the current ratio? What is the quick ratio? 3. If current ratio is 1.5, what is the total accounts receivable if cash is P220,000, inventory is P75,000, and accounts payable is P330,000? 4. Cash is 30% of total current assets. If current ratio is 2.5, what is the new current ratio if total non- cash current assets grow by 50%? 5. The total asset is P1,500,000. Sales is P4,500,000. What is the asset turnover? 6. Accounts receivable turnover is 8. What is the average collection period assuming annual data What is the average collection period if quarterly data are used? are used? 7. Sales for the year amount to P3,000,000, Accounts receivable is P360,000. What is the average collection period assuming…

You are given the following information. What is your liquidity ratio? Annual disposable income: $45,000 Total liabilities: $17,400 Annual savings: $2,400 Long-term assets: $85,000 Current ratio: 2 Debt-to-asset ratio: 0.2   Select one: a. 0.90 b. 0.56 c. 0.89 d. 0.53

Liquidity Ratio You have the following info on Marco's Polo Shop: Total Liabilites and equity = $211 million Current Liabilities = $51 million  Inventory = $66 million Quick Ratio = 1.4 times Using the info what is the balance for fixed assets on Marco's Polo balance sheet?

Compute for the following:1. Current Ratio 2. Quick Ratio 3. Debt Ratio 4. Equity Ratio

Help calculating Balance sheet items with limited information.   Specifically need to know how to calculate these: cash, A/R (net) Iinventory Property, plant, and Equipment (net) current liabilities  long-term liabilities  shareholder equity  Known info-Interest expense of $9 and income tax expense of $26 debt to equity ratio   1.0 current ratio   2.0 Acid-test ratio   1.0 times interest earned ratio  10 times return on assets   25%Return on equity   50%profit margin on sales  10%gross profit margin  30%inventory turnover  9 times receivables turnover   15 times.

Profile Co has the following assets and liabilities: Assets: Cash $100 , account receivable,$150 ; Inventory,$240 ,land $200, plant net of accumulated amortization $300 : liabilities short term bank loan, $60 : accounts payable long term loan mortage loan ,$160 ,profolio co long term assets total was

Compute the Quick ratio if Current Assets: 10.354; Current Liabilities: 6.615; Inventory: 5.767; Cash: 1.013.a) 0.69 timesb) 0.75 timesc) 0.72 timesd) 0.15 times

Hi! I am trying to do an acid-test ratio and a debt-to-equity ratio for the attached balance sheet. Can you help me? ** Values are in KEUR (kilo Euros)

Use the following information for the Quick Studies below. (Algo) [The following information applies to the questions displayed below.] Cash Accounts receivable Equipment, net Land Total assets QS 13-6 (Algo) Vertical analysis LO P2 Current Year $ 8,400 56,000 48,000 93,500 $ 205,900 Cash Accounts receivable Equipment, net Express the items in common-size percents. (Round your percentage answers to one decimal place.) Land Total assets Current Year % % % Prior Year $ 9,600 20,400 43,200 68,000 $ 141,200 % % Prior Year % % % %

We are given the following information for Pettit Corporation. Sales (credit) Cash Inventory Current liabilities Asset turnover Current ratio Debt-to-assets ratio Receivables turnover $2,068,000 150,000 923,000 763,000 a. Accounts receivable b. Marketable securities c. Capital assets. d. Long-term debt $ Current assets are composed of cash, marketable securities, accounts receivable, and inventory. Calculate the following balance sheet items: LA LA LA $ $ 1.00 times 2.60 times $ 40 % 4 times 517000

Please help me

Calculate the following for Co. XYZ:   a. Current ratio   b. Debt ratio       Assets:   Cash and marketable securities $400,000 Accounts receivable 1,415,000 Inventories 1,847,500 Prepaid expenses 24,000 Total current assets $3,686,500 Fixed assets 2,800,000 Less: accumulated depreciation 1,087,500 Net fixed assets $1,712,500 Total assets $5,399,000 Liabilities:   Accounts payable $600,000 Notes payable 875,000 Accrued taxes  Total current liabilities $1,567,000 Long-term debt 900,000 Owner's equity  Total liabilities and owner's equity  Co. XYZ Income Statement:   Net sales (all credit) $6,375,000 Less: Cost of goods sold 4,375,000 Selling and administrative expense 1,000,500 Depreciation expense 135,000 Interest expense  Earnings before taxes $765,000 Income taxes  Net income  Common stock dividends $230,000 Change in retained earnings

Calculate the Quick Ratio using the following information: Cash Short Term Investments Accounts Receivable Inventory Other Current Assets Total Current Assets Long Term Assets Current Liabilities Long Term Liabilities 2.00 2.30 O 2.50 O 2.45 5,000 1,000 2,000 1,200 600 9,800 12,000 4,000 3,000

Please help with both. Thank you :)

1. If current assets amounted to P600,000 and current liabilities amounted to P200,000, what is the current ratio of the entity? *a. P800,000b. P400,000c. 3d. 1/3 3. If net sales is P200,000 and the average accounts receivable is P50,000, what is the accounts receivable turnover ratio? *a. 4b. 1/4c. P150,000d. P250,000 5. If total assets amounted to P800,000 and total liabilities amounted to P200,000, what is the debt to equity ratio? *a. 4b. 0.3333c. 0.25d. 3

Consider this simplified balance sheet for Geomorph Trading: Current assets Long-term assets $ 245 Current liabilities Long-term debt 630 Other liabilities Equity $ 875 Required: a. What is the company's debt-equity ratio? (Hint: debt = Current liabilities, Long-term debt, and Other liabilities) Note: Round your answer to 2 decimal places. b. What is the ratio of total long-term debt to total long-term capital? Note: Round your answer to 2 decimal places. c. What is its net working capital? d. What is its current ratio? Note: Round your answer to 2 decimal places. $ 170 215 140 350 $ 875 a Debt-equity ratio b. Long-term debt-to-capital ratio c. Net working capital d. Current ratio