Baker Inc has a current ratio of 2.30x on current liabilities of $800,000. If Baker has $400,000 worth of inventories, what is the firm's quick ratio? 2.23x 1.80x 1.93x 1.60x 1.52x

Q: Brilliant Corp. has total current liabilities of P22,000 and an inventory of P7,000. If its current…

A: The ratio in which the quick assets, i.e., current assets less inventory and prepaid expenses are…

Q: In December 2021, Apple had cash of $60.41 billion, current assets of $132.69 billion, and current…

A: The objective of the question is to calculate the current ratio and quick ratio for Apple and then…

Q: (DuPont analysis) Triangular Chemicals has total assets of $90 million, a return on equity of 37…

A: ROE = Profit margin * Equity multiplier * Total asset turnover 0.37 = 0.046 * 2.97 * Total asset…

Q: Chutes & Co. has interest expense of $1.05 million and an operating margin of 11.9% on total sales…

A: Interest rate ratio (ICR) is a financial measure of a company's ability to meet interest payments on…

Q: A firm has a profit margin of 7% and an equity multiplier of 1.9. Its sales are $230 million, and it…

A: The profit margin is 7%.Equity multiplier is 1.9.Sales are $230 million.Total assets are $92…

Q: Blossom Systems has total assets of $ 34.050 billion, total debt of $ 8.745 billion, and net sales…

A: 1) Calculation of Net Income $ billion Net Income = Net Sales x Net Profit Margin Net Income =…

Q: Brilliant Corp. has total current liabilities of P22,000 and an inventory of P7,000. If its current…

A: Here, Current Liabilities is P22,000 Inventory is P7,000 Current Ratio is 1.2

Q: Jacks has current assets equal to $3 million. The company's current ratio is 1.5, and its quick…

A: Formula: Current ratio = Current Assets / current liabilities

Q: Bulldogs Inc. has a total asset balance composed of 30% current and 70% non-current. The total…

A: Equity ratio of the company means how much equity portion consisting out of total assets. Debt ratio…

Q: Brilliant Corp. has total current liabilities of P22,000 and an inventory of P7,000. If its current…

A: Current Ratio is the ratio of current assets with current liabilities  Quick ratio is the ratio of…

Q: Blue Birds Inc., has a working capital of $1,250, current liabilities of $4,410, and inventory of…

A: Quick ratio, also known as the acid-test ratio, is a financial metric that measures a company's…

Q: ABC Company has sales of $500,000, COGS of $250,000, operating expenses of $200,000, net income of…

A: Formula: Times interest ratio = Operating income / interest expense

Q: A company has current liabilities of $500 Million, and its current ratio is 2.0. What is the total…

A: Current Assets is that which shows the assets of the company. It includes the Cash, Cash…

Q: MPI Incorporated has $6 billion in assets, and its tax rate is 35%. Its basic earning power (BEP)…

A: Formula: TIE ratio=EBITInterest expense

Q: The interest coverage ratio is times.

A: Interest coverage ratio is a financial metric that helps in determining the ability of a business…

Q: MPI Incorporated has $6 billion in assets, and its tax rate is 25%. Its basic earning power (BEP)…

A: The times-interest-earned ratio (TIE) compares the EBIT of a company relative to the amount of…

Q: Ticks Inc. has a total asset balance composed of 30% current and 70% non-current. The total amount…

A: calculation of total assets of the company... As per Equation Total of Assets=Total of…

Q: Help with this Question

A: To find the company's net income, we can use the relationship between Return on Equity (ROE), net…

Q: Janah Company has P20,000 in cash, P8,000 in marketable securities, P36,000 in current receivables,…

A: The quick ratio is the ratio of quick asset and current liabilities which depicts a companies…

Q: K (DuPont analysis) Triangular Chemicals has total assets of $92 million, a return on equity of 40…

A: Profit margin is the ratio between net income and sales revenue of the business. Return on equity…

Q: PAGGYTY Industries has current assets equal to $4 million. The company's current ratio is 2.0, and…

A: Formula: Current ratio = Current Assets / Current liabilities

Q: Edelman Engines has $18 million in total assets. Its balance sheet shows $2 million in current…

A: Total Assets =$ 18 Million Current Liabilities =$ 2 Million Long term debt =$ 10 Million Common…

Q: SDJ, Inc., has net working capital of $840, current liabilities of $6,110, and inventory of $284.…

A: In the given case, we have provided the net working capital, current liabilities and inventory.…

Q: A firm has a profit margin of 5.5% and an equity multiplier of 3.0. Its sales are $140 million, and…

A: Profit margin = 5.5%Equity multiplier = 3.0Sales = $140 millionTotal assets = $84 million

Q: intensity ratio of 1.08, a current ratio of 1.25, and current assets of $138,000. What is the profit…

A: Profit Margin: It is a measure of profitability for the business. It is the ratio of net profit to…

Q: Orono Corp.'s sales last year were $465,000, its operating costs were $362,500, and its interest…

A:

Q: Best Electronics has a quick ratio of 0.53, current liabilities of $7.3 billion, and inventories of…

A: Given: Quick ratio = 0.53 Current liabilities = $7.3 Billion Inventories = $5.2 Billion

Q: Orono Corp.'s sales last year were $585,000, its operating costs were $362,500, and its interest…

A: The times interest earned (TIE) ratio measures a company's ability to meet its interest payments on…

Q: A company has current liability of $500million, and its current ratio is 2.0. If the firm’s quick…

A: To calculate the inventory we will use the below formula   Inventory = (Current liability*Current…

Q: Suppose a firm pays total dividends of $696,000 out of net income of $2.4 million. What would the…

A: Companies pay dividends to its shareholders from its profits.The quantum of dividends is decided by…

Q: A company has a current ratio of 5:1 if the company has ₱200,000 current assets, how much is the…

A: The current ratio is calculated as current assets divided by current liabilities.

Q: ne company's total sales are million. (Round to one decimal

A: Dupont analysis refers to the framework established by the Dupont corporation for analyzing the…

Q: If Roten Rooters, Inc., has an equity multiplier of 1.28, total asset turnover of 1.85, current…

A: Return on EquityThe Return on Equity (ROE) is a metric used to assess how profitable a company is in…

Q: I want to answer this question

A: Detailed explanation:When determining the cost of goods sold (COGS) for Highly Suspect Corp., my…

Q: The Lawrence Company has a ratio of long-term debt to long-term debt plus equity of .34 and a…

A: Profit Margin = Net Profit/Sales So Net Profit = Sales * Profit Margin    ROE = Net Profit/Equity So…

Q: Lamar , Inc. has sales of $8500, total assets of $2500, and a debt to equity ratio of 0.8, if its…

A: Net income refers to the income or amount which is earned by the enterprise by rendering services or…

Q: Use the Dupont identity to solve the following. The ABC Inc. has sales of $10,500, total assets of…

A: Solution: Dupont analysis is a measure to compute the firm’s Return in Equity (ROE). As per Dupont…

Q: Carter Corporate has current assets of $120 million and inventory equal to $30 million. If Carter’s…

A: To calculate the current ratio we will use the below formula   Current ratio = Current…

Q: Brilliant Company has a quick ratio of 2.5 to 1. It has current liabilities of P40,000 and…

A: Current Ratio and Quick Ratio are the types of Liquidity Ratio.

Q: Ace Industries has current assets equal to $3 million. The company's current ratio is 1.5, and its…

A: Introduction: Current liabilities: The Liabilities which are to be paid with in one year period of…

Q: SDJ, Inc., has net working capital of $2,060, current liabilities of $5,550, and inventory of…

A: Current ratio and quick ratio are the liquidity ratios which are determined by the entity for the…

Q: Laurel Electronics has a quick ratio of 1.15, current liabilities of $5,311,020, and inventories of…

A: Quick ratio is calculated by dividing the quick assets by the total current liabilities. Quick ratio…

Q: Needham Pharmaceuticals has a profit margin of 3.5% and an equity multiplier of 1.5. Its sales are…

A: Profit margin = 3.50% Equity multiplier = 1.50 Sales= $100 Total assets = $60 million

Q: Blue Sun has net working capital of $800, current liabilities of $3,550, and inventory of $3,400.…

A: The current ratio is a ratio which is calculated using the current assets and current liabilities.