The following are the information on the assets and liabilities of HARUTO Corporation on December 31, 2022: Account Amount Cash P125,000.00 Accounts Receivable 80,000.00 Inventories 475,000.00 Trading/Marketable Securities 15,000.00 Land 6,500,000.00 Accounts Payable 450,000.00 Long-term Loans Payable 750,000.00 What is the acid test ratio of HARUTO Corporation, respectively, on December 31, 2022?

The following are the information on the assets and liabilities of HARUTO Corporation on December 31, 2022: Account Amount Cash P125,000.00 Accounts Receivable 80,000.00 Inventories 475,000.00 Trading/Marketable Securities 15,000.00 Land 6,500,000.00 Accounts Payable 450,000.00 Long-term Loans Payable 750,000.00 What is the acid test ratio of HARUTO Corporation, respectively, on December 31, 2022?

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Hannah Company has current assets equal to $3,800,000. Of these, $1,200,000 is cash, $1,800,000 is accounts receivable, $500,000 is inventory, and the remainder is marketable securities. Current liabilities total $1,942,000. Required: Note: Round answers to two decimal places. 1. Calculate the current ratio.
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based on the ratios what can you say about the company's liquidity? Is it liquid enough to convert its asset in to cash immediately or within one year?
b. What is the ratio of real assets to total assets for nonfinancial firms in the following table? (Round your answer to 4 decimal places.) $ Billion Liabilities and Net Worth Liabilities Bonds and mortgages Bank loans $ 5,364 758 1,338 Other loans Trade debt 1,738 Other 4,608 $13,806 Assets Real assets Equipment and software Real estate Inventories Total real assets Financial assets Deposits and cash Marketable securities Trade and consumer credit Other Total financial assets Total $ Billion % Total $ 4,402 16.4% 36.3 9,749 1,734 6.5 $15,885 59.1% Ratio for nonfinancial firms $ 677 2.5% 1,056 3.9 2,282 8.5 6,968 25.9 $10,983 40.9% $26,868 100.0% Total liabilities Net worth $13,062 $26,868 % Total 20.0% 2.8 5.0 6.5 17.2 51.4% 48.6% 100.0% Balance sheet of U.S. nonfinancial corporations Note: Column sums may differ from total because of rounding error. Source: Flow of Funds Accounts of the United States, Board of Governors of the Federal Reserve System, September 2018.
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what is the debt to equity ratio rounded to 2 decimal places? i keep getting 0.83 but it’s not correct.
The company's acid-test ratio is
What is the debt-to-asset ratio of Company B in 2022? What is the debt-to-equity ratio of Company A in 2021
Data pertaining to the current position of Forte Company follow:Cash $412,500Marketable securities 187,500Accounts and notes receivable (net) 300,000Inventories 700,000Prepaid expenses 50,000Accounts payable 200,000Notes payable (short-term) 250,000Accrued expenses 300,000 Instructions1. Compute (a) the working capital, (b) the current ratio, and (c) the quick ratio. Round ratios in parts b through j to one decimal place.2. List the following captions on a sheet of paper:Transaction Working Capital Current Ratio Quick Ratio Compute the working capital, the…
Southern Style Realty has total assets of $485,390, net fixed assets of $250,000, current liabilities of $23,456, and long-term liabilities of $148,000. What is the total debt ratio? Can you provide the formula?
In 2021, Bank Muscat reported the following amounts in its Balance sheet and Income Statement. Assets 1032600 OMR Liabilities 805500 OMR Interest Revenue 602300 OMR Interest Expense 404000 OMR Earning assets are 75% of Total Assets. Interest Bearing Liabilities are 80% of Total Liabilities. What is the Spread of Bank Muscat? Select one: Oa. 2.54 % Ob. 15.08 % Oc. 8.17 % Od. 27.62 %

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