Using the Accounting equation. Compute the following figure: Liabilities Assets Сapital Workings 1 54000 16900 2 330000 155000 ? 3. ? 19200 24400 4 ? 59000 119300 5 36100 ? 28500 6 18600 16450 7 5000 16900 ? 8 ? 14392 245886 9.200000 50000
Q: A business has RO 250000 income and RO 60000 expenses. What is the net profit? Select one: O a. RO…
A: Net profit is calculated as excess of income over expenses.
Q: How would you calculate Team Baldwin's net worth?
A: Net worth is excess of total assets over total liabilities of an entity.
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A: Accounting Equation is Assets = Liabilities + Equity Accounting Equation Means That in Balance…
Q: Based on the following data, what is the amount of current assets? Accounts payable $60500 Accounts…
A: The current assets are the assets that can be converted into cash within one year.
Q: How much is the total Liabilities of the business? P193,200 P259,170 P338,300…
A: Liability is an important part of basic accounting functions.Liability is burden upon for example an…
Q: Analysis Formula Current assets/ Current liabilities Net sales/ 61,750/8100=7.6 362.000/4120=87.8…
A: Ratio analysis best to analyse the company and make this seasons as it help to compare to variable…
Q: A firm has $5000 of current assets and $3000 in current liabilities on its balance sheets. Calculate…
A: Formulas: Current ratio = Current assets / Current liabilities
Q: Using balance sheet what is the quick ratio? BALANCE SHEET ($ in millions) ASSETS…
A: Quick ratio is one of the liquidity ratios which measures the liquidity of the company. Quick ratio…
Q: Payables Drawings Delivery vehicles Land and Buildings Capital Receivables 65000 15000 100000 350000…
A: Current assets are those assets which can be realised or converted into cash within one year or one…
Q: If the difference between current assets and current liabilities is 84.2, bill payable 183,…
A: The current assets are easy convertible into cash within one year.
Q: Based on the following data, what is the amount of current assets? Accounts payable $ 63000 Accounts…
A: Current assets are the assets that are held by an entity for a short time period usually one year or…
Q: 1. What amount of accounts receivable wa 2020? a, 35,000 b. 30,000 c. 15,000 d. 10,000 2. What…
A: 1. The amount of Account Receivable written = Actual expense affecting accounts receivable -…
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A: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…
Q: (a) The ratio of current Assets (Rs. 600000) to current Liabilities ( Rs.400000) is 1.5:1.The…
A: a. Current Ratio after making payment of x is 2:1 Therefore, Current Liabilities paid off Rs.…
Q: Balance sheet Assets (in KD) Liabilities (in KD) Cash 154674 Accounts payable 80000 Accounts…
A:
Q: Assets = 50000, Liabilities = 20000, Owner’s equity = ?
A: Owner’s equity is the difference between the Total assets and total liabilities.
Q: Q 2:X Ltd., has a current ratio of 3.5:1 and quick ratio of 2:1. If excess of current assets over…
A: Current assets means those assets which will be converted in to cash in near future generally one…
Q: Total 341000 341000 3745800 3745800 A. Check the accuracy of the net income/ net loss in the Income…
A: Worksheet is the sheet in which all the effects of the accounts are shown as on it the trail…
Q: Given the following data; TOTAL SALES OMR 250000 CASH SALES OMR 125000 SALES RETURN OMR 5000 OPENING…
A: Debtors Turnover Ratio = Net Credit Sales/ Average Accounts Receivable
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A: Definition: Spontaneous liabilities are the obligations that are accumulated during the day-to-day…
Q: the organization profitable? Why or why not? Use the Hillside, Inc. Balance Sheet information in…
A: As per discuss follow:
Q: Acid test ratio??? Current liabilities 298100 Cash 54500 Securities 97400 Accounst receivable 156200…
A: Formula: Acid test ratio = ( Current ratio - Inventory - prepaid expenses ) / Current liabilities
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A: Ratio analysis shows the interpretation of company's financial statements and comparison on the…
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A: Formuale: Gross Profit Ratio=Gross ProfitSales×100 Net Profit Ratio=Net ProfitSales×100 Inventory…
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A: Introduction: Current ratio: It tells the ability of the Company to pay to its short term…
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A: A) ACTIVITY RATIOS (Note : All figs are $ in millions) a) Inventory turnover Cost Of Goods Sold =…
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A: SOLUTION- CURRENT RATIO IS A LIQUIDITY RATIO THAT MEASURES A COMPANY'S ABILITY TO PAY SHORT TERM…
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A: 1) Total effect of error in 2020 Particulars Amount Overstated Inventory (10,000) Advances to…
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A: Assets: The accounts which the company owns and which provide benefits to the company in future.The…
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A: As per our protocol we provide solution to the one question only but as you have provided two…
Q: If the difference between current assets and current liabilities is 67.2, bill payable 147.7,…
A: Current assets minus current liabilities is working capital
Q: If the difference between current assets and current liabilities is 94.2, bill payable 169.9,…
A: Solution: As given, Current assets - Current liabilities = 94.2 Current liabilities = Bills payable…
Q: Company D's current assets and current liabilities are P200,000.00 and P140,000.00 respectively. How…
A: Current ratio is the ratio used to measure the liquidity position of the entity. It is the ratio…
Q: Given the following data; TOTAL PURCHASES 150000 CASH PURCHASES 45000 PURCHASE RETURN 5000 OPENING…
A: Creditors turnover ratio is used to analyse that how effectively payments can be made for the credit…
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A: The question is based on the concept of Accounting Ratios.
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A: In order to determine the trade receivable turnover days, the trade receivable turnover ratio is…
Q: Is the organization in a good position to pay its bills? Use the Hillside, Inc. Balance Sheet…
A: Yes, organization is in a good position to pay its bills.
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A: To convert these cash inflows and outflows, we need to multiply the amount of cash inflows and…
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A: Quick assets can be converted into cash quickly. Inventory and prepaid expenses are current assets…
Q: Using the balance sheet what is the current ratio? BALANCE SHEET ($ in millions) ASSETS…
A: In the given problem we need to compute the current ratio using given balance sheet.
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- What is the amount received by partially secured creditor? A. P40,000B. P60,000C. P70,000D. P65,000tests.mettl.com/test-window/f55ac827#/testWindow/0/16/1 EY Accounting Assessment O Total 00:54.47 Finish Test Section 1 of 1 Section #1 v 10 11 12 13 14 15 16 17 18 19 20 17 of 45 All 2 43 Question # 17 G Revisit Choose the best option Which of the following formula best describes the acid test or quick ratio? Current assets: Current liabilities. Debtors: Creditors O (Current assets stock) Current liabilities. O Current assets: (Current liabilities - bank overdraft). Frev Cueston Next Question +91-82878-03040 Zaineh | Support +1-650-924-9221 metil 413 PM 1/16/2021 Type here to search01 : - What are Accounts Receivable — AR ? - What are Importance of Accounts Receivable ?
- If the difference between current assets and current liabilities is 88.7, bill payable 166.5, creditors 30, prepaid expenses 10, then what is the total current assets? Select one: O a. All the given choices are not correct Ob. 206.50 Oc. 118.70 Od. 285.20 O e. 295.20Define spontaneous liabilities-to-sales ratio (L0*/S0)Question1Thewholeoffinancialaccountingisbasedupontheverysimpleideathat,resourcessuppliedbytheownerofthebusinessplusliabilitiesthatmustbesettledatafuturedatemustbeequaltotheresourcesinthebusiness.Itfollowsthatthecapitalplusliabilitiesoftheentitymustbeequaltoassetsoftheentityexpressedas:Capital+Liabilities=Assets(i.e.C+L=A).UsingMicrosoftexcel,demonstratetheeffectsofthefollowingtransactionsontheaccountingequation,andpreparetheresultantbalancesheetasat31stJuly,2020,¢1Julystartedbusinesswithcash30,0002Salesoncash50,0004Stockofmaterialspaidbycash10,0005Paidcashintobank20,0007Withdrewcashforofficeuse10,0008Loanreceivedbycash20,00010Salesofgoodsreceivedcheque30,00019Cashsales80,00021Debtorpaidusbycash50,00030Sales,receivedcheque40,000
- 24 If K.mart.CO total assets is 600000, and total liabilities 400000, and goodwill 20000. Compute the identifiable net assets. Select one: a. 180000. b. 200000. c. 220000. d. 240000.Jp Test U0'UJ2U21 TIUI 11.00 to12: N Oon) Name the various types of Accounting Select one: of a. none of the above b. Financial ACcounting stion c. Management Accounting d. Both the AboveWhat value does the PEG ratio provide to financial analysts? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac).
- Explainthreereasonsthataccountforthedificultyofentrepreneurstoobtain financeWhich financial statements do you need to calculate EPS?EBFINB00 Assessment 2 s.google.com/forms/d/e/1FAlpQLSc5SjbreWzCO_yZPB3S2KWa9rUU-y0gkfRTKB8PKub7CTYBJA/formResponse te... AAdaptive Math | Ad.. O New Tab 3. What is the present value of a security that will pay $15,000 in 15 years if securities of equal risk pay 15% annually ? * O a) $1843 b) $4787 c) $4066 d) $4728 e) None of the above 5 po 4. Alpha Co. has 5,000 shares outstanding and its net income was $25,000. What is its earnings per share for the year? a) 2.1 OIN A Chapter S Tme Classwork for BFL