what is the the quick ratio for both years

Q: For each of the following, compute the future value.

A: Future Value (FV)= To determine value of cash flow at a future date. Formula used to determine…

Q: Under which situation is the simple rate equal to the effective annual rate, and under which…

A: Simple interest is a linear function of time since it is computed on the initial principal amount…

Q: What is the probability of generating a random number between 0.25 and 0.85 (to 1 decimals)?

A: As per uniform density function, Probability is determined based on uniform basis.

Q: Define annual percentage rate (APR)

A: A rate at which a borrower is ready to pay and depositor is ready to receive the money is known as…

Q: Which year had a better performance?

A: Year in which net sales of the company is more, will be year which had a better performance. Net…

Q: What are two ways to calculate returns for a holding period?

A: It is also called as HPR, which states to the total returns during a period for which a investment…

Q: A regression line has an intercept value of 174.71 and slope value of 25.22. What is the predicted…

A: The predicted value (the y-value) of Y is defined as the predicted value of a dependent variable.…

Q: Calculate the standard deviation of the following returns.  Year       Return 1             0.25…

A: Explanation : Standard deviation is measure the risk which is involved in earning of that particular…

Q: 4. Given the probability and returns associated with each state, what is the expected return? What…

A: Calculations of expected return and standard deviation: Excel workings:

Q: Find the numerical value of the factor (A/P, 30%,22).

A: We have; Capital Recovery function (A/P,30%,22) To Find: Numerical Value of the Function

Q: Based on the data for Privett Company, what is the quick ratio,

A: We know that the formula to calculate quick ratio is  Quick ratio = ( Current Assets - Inventory-…

Q: What is the Times-interest·earned ratio?

A: It is important to analyze whether a company has ability to pay off its debts. Means, it is…

Q: What is the rela1ionship between Annual  Percentage Rate and the interest period?

A: Answer: Annual percentage rate represents the interest rate which also takes additional payments…

Q: Which of the following statements concerning current and quick ratios is true? Select one: a. The…

A: Current Ratio - The Current Ratio indicates the organization's liquidity to repay its short-term…

Q: The long-term direction indicated by a time series is known as the Select one: Regular Direction…

A: Introduction: A time series is a group of remarks of well-defined data items attained over repeated…

Q: Write an equation for determining the value of the series of end-of-period payments?

A: Formula:

Q: How do you calculate the value at a node in a binomial tree? A. As a present value of the two…

A: A binomial tree is a graphical representation of the different intrinsic values that an option could…

Q: What is the Annual Equivalence Analysis?

A: The criteria for annual equivalent analysis provides a basis for computing the value of an…

Q: Which one of the following is defined as the average compound return earned per year over a…

A: In every business, amounts are being invested for the purpose of calculating and earnings returns.…

Q: Which of the following is the most desirable quick ratio? 1.50 1.95 2.20 1.80

A: Quick ratio can be calculated by liquid asset/current liabilities The Ideal quick ratio is 1:1

Q: Lena Horn bought a Toyota Tundra on January 1 for $30,800 with an estimated life of 6 years. The…

A: a. Depreciation per annum = ( Cost - Salvage value) / Useful life

Q: Over the past 3 years an investment returned 0.16, -0.11, and 0.08. What is the variance of returns?

A: In the given case, the investment returned of the past 3 years are given . So, number of years is 3.…

Q: Give an example assuming that  the Compounding Period equals to Payment Period?

A: The representation on the basis of assumption:

Q: Define the terms annual percentage rate (APR), effective annual rate (EFF%), and nominalinterest…

A: The term “annual percentage rate (APR)” refers to the annual rate of interest charged to borrowers…

Q: What can be understood from annual percentage rate (APR)?

A: Annual percentage rate (APR): The yearly rate charged for borrowing or picked up from speculation is…

Receivables Management