Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter10: Stockholder's Equity
Section: Chapter Questions
Problem 76E
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Concept explainers
Question
what is the the quick ratio for both years
![Particulars
Shareholder Equity:
Paid up Capital
Govt. Equity
Retained Earnings
Total Shareholder Equity
Non-Current Liabilities:
Grants
Long term Liabilities
Total Non-Current Liabilities
Current Liabilities
Total Shareholder Equity & Liabilities
Assets:
Fixed Assets(W.D.V)
Current Assets
Other Assets
Total assets
Net Assets value Per Share (NAV)
Number of shares used to compute NAVPS
30 September,2018
500.00
26.64
(39,002.93)
(38,476.29)
10.61
1,690.69
1,701.30
40,372.10
3,597.11
838.13
2.758.79
0.19
3,597.11
(770.06)
5000000
(Figure in Lac)
30 June, 2018
500.00
26.64
(38,168.67)
(37,642.03)
10.61
1,690.69
1,701.30
39,498.49
3,557.76
857.13
2,700.44
0.19
3,557.76
(753.37)
5000000
Ac](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fae52a321-e4f7-42c1-9b95-b76b3188cce0%2Fdcf1f817-19ad-4912-982f-43e92bc004b8%2Fbmr07e_processed.png&w=3840&q=75)
Transcribed Image Text:Particulars
Shareholder Equity:
Paid up Capital
Govt. Equity
Retained Earnings
Total Shareholder Equity
Non-Current Liabilities:
Grants
Long term Liabilities
Total Non-Current Liabilities
Current Liabilities
Total Shareholder Equity & Liabilities
Assets:
Fixed Assets(W.D.V)
Current Assets
Other Assets
Total assets
Net Assets value Per Share (NAV)
Number of shares used to compute NAVPS
30 September,2018
500.00
26.64
(39,002.93)
(38,476.29)
10.61
1,690.69
1,701.30
40,372.10
3,597.11
838.13
2.758.79
0.19
3,597.11
(770.06)
5000000
(Figure in Lac)
30 June, 2018
500.00
26.64
(38,168.67)
(37,642.03)
10.61
1,690.69
1,701.30
39,498.49
3,557.76
857.13
2,700.44
0.19
3,557.76
(753.37)
5000000
Ac
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