If current assets are 35,000, total liabilities are 60,000, and owners' equity is 75,000, what are the noncurrent assets?
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- Which of the following provides information about how many months of living expenses you can cover with your present level of liquid assets? OA Liquidity Ratio O B. Current Ratio OC. Savings Ratio OD. Debt-to Asset RatioTotal assets are $12.0 million, with $4.0 million being long-term assets. Current liabilitiesare $2.5 million and total liabilities are $6.5 million. The current ratio would be closest to:a. 1.6.b. 1.8.c. 3.2.d. 4.8.If total liabilities amount to P400,000 which 1⁄3 of the total assets, what is the amount of the residual interest of the business?
- If current assets are $112,000 and current liabilities are $56,000, what is the current ratio?A. 200 percentB. 50 percentC. 2.0D. $50,000Please answer this question.Which of the following is the correct formula for calculating rate of return on total assets? A. (Net income minus− Interest expense) / Average total asset B. Total equity / Total assets C. (Net income + Interest expense) / Average total assets D. (Net income minus− Interest expense) / Total assets
- Question: What is the formula for calculating the current ratio? a. Current Assets / Current Liabilitiesb. Current Liabilities / Current Assetsc. Total Assets / Total Liabilitiesd. Total Liabilities / Total AssetsIf a company computes its current ratio to be 3.56, what does this mean interms of the company’s current assets and current liabilities?Determine the value of Owner's Equity when Current Assets = $23,242, Current Liabilities = $12,634, Non Current Assets = $62,124, and Non Current Liabilities = $39,473.