What is the current ratio if a company has current assets of $150,000 and current liabilities of $100,000? a) 0.67 b) 1.5 c) 2.0 d) 1.33
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- If a company computes its current ratio to be 3.56, what does this mean interms of the company’s current assets and current liabilities?If current assets are 112,000 and current liabilities are 56,000.00 what is the current ratio?2.1 Use the information provided below to calculate the ratios for 2022 (expressed to two decimal places) that would reflect each of the following: 2.1.1 The profit of the company relative to sales after deducting the cost of sales. 2.1.2 The ability of the company to profitably utilize its capital, which includes both debt and equity. 2.1.3 The proportion of the total assets that are financed by total debt. 2.1.4 The ability of the company to repay its short-term debts under distress conditions, on the assumption that inventories would have no value at all. 2.1.5 The portion of the company's profit that is allocated to each outstanding ordinary share. 2.1.6 An indication of the percentage of profit that has been put back into the company. 2.2 Comment on the following ratios that have been calculated for Zorro Ltd: 2.2.1 Profit margin 2.2.2 Return on equity INFORMATION Excerpts of the financial data of Zorro Ltd for 2022 are as follows: STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR…
- Assume a company has working capital equal to $23,000 and total current liabilities equal to $75,000. The current ratio: is 0.31. Ois 1.31. Ois 3.21. cannot be determined using this information.Assuming a business entity has a total asset of 25,000,000 its total liabilities is 1/3 of the said amount. How much is the equity? 16,000,000,00 16,666,666.67 13,333,333.33 13,000,000.00If current assets are $112,000 and current liabilities are $56,000, what is the current ratio?A. 200 percentB. 50 percentC. 2.0D. $50,000
- Resolve and explain the result of the current ratio for XYZ Company and compare andexplain this result with the Industry average, where current liabilities = $581,000 andcurrent assets = $832,000. a. Resolve the current ratio for XYZ Company b.Explain the result of the current ratio for XYZ Company c.Compare and explain the result of the current ratio for XYZ Company with the Industryaverage.Hummel Inc. has $30,000 in current assets and $15,000 in current liabilities. What is Hummels current ratio? a. 3 c. 1 b. 2 d. 0.5Ace Industries has current assets equal to 3 million. The companys current ratio is 1.5, and its quick ratio is 1.0. What is the firms level of current liabilities? What is the firms level of inventories?
