ABC Corporation's total quick assets were $5,888,000, its current assets were $11,700,000, and its current liabilities were $8,000,000. Its acid-test ratio equals: a. 0.50 b. 0.68 c. 0.74 d. 1.50 e. 2.20
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- It's acid-test ratio equalsSouthern Style Realty has total assets of S485, 390, net fixed assets of $250,000, current liabilities of S 23,456, and long-term liabilities of $148.000. What is the total debt ratio? Multiple Choice .30.35.69.53.68.Under Armour has the following current assets: cash, $102 million; receivables, $94 million; inventory, $182 million; and other current assets, $18 million. Under Armour has the following liabilities: accounts payable, $98 million; current portion of long-term debt, $35 million; and long-term debt, $23 million. Based on these amounts, calculate the current ratio and the acid-test ratio for Under Armour.
- 2. If XYZ Company Acid-test ratio is computed as 1.7. Which statement interprets the acid-test ratio of XYZ company a. For every dollar of XYZ Company's current liabilities, the company has $1.70 of very liquid assets to cover its immediate obligations b. For every dollar of XYZ Company's current asset, the company has $1.70 of very liquid assets to cover its immediate obligations c. For every dollar of XYZ Company's total asset, the company has $1.70 of very liquid assets to cover its immediate obligations d. For every dollar of XYZ Company's total liabilities, the company has $1.70 of very liquid assets to cover its immediate obligationsHummel Inc. has $30,000 in current assets and $15,000 in current liabilities. What is Hummels current ratio? a. 3 c. 1 b. 2 d. 0.5Challenge Industries has total assets of $122,200. If their total liabilities are $103,200, find the debt-to-equity ratio. (Round to the nearest hundredth and enter the complete ratio. Do not enter spaces. Example: enter '0.93:1')
- Feiler Corporation has total current assets of $515,000, total current liabilities of $379,000, total stockholders' equity of $1,089,000, total plant and equipment (net) of $1,063,000, total assets of $1,578,000, and total liabilities of $489,000. The company's current ratio is closest to: Multiple Choice O 078 1.05 1.36 2.17Reinford Group has total assets of $5161127, short-term debt of $681174, long-term debt of $964979, and equity of $2832630. Based on this information, the debt ratio is _____.SABC Limited has the following information: The market values of the different components are: Debt (long-term loans): R200m. and Ordinary Shares: R500m. The current (market related) cost of the different components was already calculated as being. Debt (long-term loan) 6% (after-tax) and Ordinary Shares: 14%. Required: Calculate the WACC of SABC Limited by: a. Using the mathematical formula b. Completing the WACC table