Pinnacle Corp. has Assets of $220,000 and Liabilities of $90,000. What is the Equity Ratio?
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- SDJ, Incorporated, has net working capital of $2,930, current liabilities of $4,070, and inventory of $3,770. a. What is the current ratio? b. What is the quick ratio?What is the net income?synoec company has a debt - equity ratio of.85. return on assets is 10.4 percent, and total equity is $785, 000. what is the equity multipler? what is the return on equity? what is the net income?
- Is it possible to determine net income?The Jamesway Printing Corporation has current assets of $3.2 million. Of this total, $1.2 million is inventory, $0.5 million is cash, $1.0 million is accounts receivable, and the balance is marketable securities. Jamesway has $1.5 million in current liabilities. Round your answers to two decimal places. a. What are the current and the quick ratios for Jamesway? Current ratio: X Quick ratio: b. If Jamesway takes $0.25 million in cash and pays off $0.25 million of current liabilities, what happens to its current and quick ratios? What happens to its real liquidity? New current ratio: X New quick ratio: c. If Jamesway sells $0.6 million of its accounts receivable to a bank and uses the proceeds to pay off short-term debt obligations, what happens to its current and quick ratios? New current ratio: New quick ratio: d. If Jamesway sells $1.2 million in new stock and places the proceeds in marketable securities, what happens to its current and quick ratios? New current ratio: New quick…Ssj inc has net working capital of $2170, current liabilities of $4590, and inventory of $3860. What is the current ratio? What is the quick ratio?
- SDJ, Inc., has net working capital of $1,896, current liabilities of $9,155, and inventory of $1,223. What is the quick ratio?The Rossdale Company has a ratio of long-term debt to long-term debt plus equity of .34 and a current ratio of 1.29. Current liabilities are $1,450, sales are $7,380, profit margin is 8.1 percent, and ROE is 14.3 percent. What is the amount of the firm’s net fixed assets? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)Thickburger's net fixed assets = $200,000, total assets = $400,000, inventory =$50,000 and current liabilities = $100,000. All assets are classified as beingeither "current assets" or "fixed assets". What is the firm's current ratio?b. What is Thickburger's quick ratio?
- Ss stores has total debt of $4910 and a debt equity ratio of 0.52. What is the value of the total assets?Abc company has...accounting questionsSilverline Properties has a debt-equity ratio of 0.92. Return on assets is 8.4 percent, and total equity is $520,000. What is the net income? Answer this question
