1. If current assets amounted to P600,000 and current liabilities amounted to P200,000, what is the current ratio of the entity? * a. P800,000 b. P400,000 c. 3 d. 1/3

Q: Analyse the effect of the actions below on the debt/equity ratio. Assume current debt/equity ratio…

A: Debt Equity Ratio is used to measure the company's total debt in relation to the equity i.e. amount…

Q: -Current Ratio 2-Quick Ratio 3-Cash Ratio 4-Receivables Turnover 5-Inventory Turnover…

A: “Since you have posted multiple questions with multiple sub parts, we will provide the solution only…

Q: The following items are reported on a company's balance sheet: Cash $248,600 Marketable securities…

A: Current Ratio and Quick Ratio are the liquidity ratios which test if the company is in liquid state…

Q: 1.3Comment on the following:1.3.1Cash flows from operating activities R756 000(4 marks)1.3.2Increase…

A: The question is asking for an analysis of the given financial figures: cash flows from operating…

Q: Accounts receivable Inventory Total assets . Selected financial ratios computed from the statements…

A: Current Ratio / Quick Ratio  Current Ratio - Current Asset / Current Liability This Ratio suggest…

Q: Six Measures of Solvency or Profitability The following data were taken from the financial…

A: Assets Turnover :— It is the ratio between net sales and average total assets.    Return on total…

Q: The following items are reported on a company's balance sheet: Line Item Description Amount Cash…

A: Liquidity ratios are important form of ratios being used in business. Current ratio shows how much…

Q: Compute the following ratios for 2022. (Round asset turnover to 2 decimal places, e.g 1.83 and all…

A: RATIO ANALYSISRatio analysis is the process of determining and interpreting numerical relationships…

Q: Additionally, the company informed the following: Net income = $156,042 Sales = $4,063,589…

A: The objective of the question is to calculate the current ratio, quick ratio, and days’ sales…

Q: Required: Compute the following: (For Requirements 1 to 4, enter your percentage answers rounded to…

A: As per Bartleby Honor Code, when a question with multiple sub-parts has been asked, the expert is…

Q: What is average payment period using balance sheet below? BALANCE SHEET   INCOME STATEMENT ($ in…

A: Average payment period is ratio of Average account payable and daily credit purchase.

Q: Other Data Average net accounts receivable $7,900 $4,200 Average inventory 7,200 33,700 Net cash…

A: Formulae:

Q: Which statement is correct?

A: A current ratio is one of the ratios used to assess the liquidity of the company. It shows that the…

Q: The comparative balance sheet of Merrick Equipment Co. for Dec. 31, 20Y9 and 20Y8, is:Dec. 31, 20Y9…

A: Compute the balances of cash payments and cash receipts from operating activities as shown below:…

Q: Methodology: • Based on the above information the consulting group will conduct ratio analysis for…

A: Ratio Analysis - The ratio is the technique used by the prospective investor or an individual or…

Q: Cash Accounts receivable (net) Other current assets Investments Plant and equipment (net) 1. NOVAK…

A: The ratio is the technique used by the prospective investor or an individual or strategist to read…

Q: Cost of goods sold Current ratio Average inventory Net income Days in inventory Net sales Cash…

A: Ratio Analysis: Ratio analysis is a quantitative technique for acquiring understanding into an…

Q: The following items are reported on a company's balance sheet: Cash $580,600 Marketable securities…

A: Cash $580,600 Marketable securities 453,600 Accounts receivable (net) 553,400 Quick assets…

Q: Refer to the following selected balances from the balance sheet and income statement. Cash Accounts…

A: Here, To Find:

Q: Hi! I am trying to do an acid-test ratio and a debt-to-equity ratio for the attached balance sheet.…

A: Acid Test ratio is the ratio between liquid assets and current liabilities of the business.  Debt…

Q: What are the annual sales for adorn with $0.5 M in liabilities a total debt ratio of 0.5 and an…

A: Computation of total assets as follows: Hence, the total assets are $1 million.

Q: You have been presented with the following selected information from the financial statements of one…

A: Accounting ratios are financial ratios through which a company can analyze its performance in terms…

Q: a. Compute the current ratio for the current year. (Abbreviations used: STI = Short-term…

A: *Since you have posted multiple sub parts at a time. As per guidelines I can solve only first three…

Q: Ch3-Q7. DuPont Identity. If j Phone, Inc., has an equity multiplier of 1.65, total asset turnover of…

A: ROE stands for Return on Equity. It's a  fiscal  standard used to measure the profitability of a…

Q: etable securities unts receivable ntory unts payable rmine the (a) current ratio, and (b) qu

A: Answer : Current assets= Cash +Marketable securities + Account receivable+ Inventory  Current assets…