The following data is from the record of companycost of good sold.current ratio.688003|current liabilites.- inventory.total asset.8000860030000tax.7000-ROA.0.9- sale.180000account recevable.25000Required:1) quick ratio2) average collection period3) fixed asset turnover4) ROI

1. Calculation of Current Assets: Given Current Ratio= 3, Current Liabilities= 8000 Therefore,…

The following data is from the record of company cost of good sold. current ratio. 68800 3 current liabilites. inventory. _total asset. tax. 8000 8600 30000 7000 - ROA. 0.9 sale. account recevable. 180000 25000 Required: 1) quick ratio 2) average collection period 3) fixed asset turnover 4) ROI

The following data is from the record of company cost of good sold. current ratio. 68800 3 current liabilites. inventory. _total asset. tax. 8000 8600 30000 7000 - ROA. 0.9 sale. account recevable. 180000 25000 Required: 1) quick ratio 2) average collection period 3) fixed asset turnover 4) ROI

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

The following data is from the record of company
cost of good sold.
current ratio.
68800
3
|
current liabilites.
- inventory.
total asset.
8000
8600
30000
tax.
7000
-
ROA.
0.9
- sale.
180000
account recevable.
25000
Required:
1) quick ratio
2) average collection period
3) fixed asset turnover
4) ROI

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