This topic contains a solution. Click here to go to the answer

Author Question: What is the current ratio if cash is $10,000, accounts receivable are $25,000, inventories are ... (Read 15 times)

craiczarry

  • Hero Member
  • *****
  • Posts: 527

Question 1

What is a firms times interest earned if it posts revenues of $200,000, taxes of $35,000, expenses of $100,000, and interest of $30,000?
◦ 3.3 times
◦ 2.0 times
◦ 2.2 times
◦ 0.5 times
◦ 1.3 times

Question 2

What is the current ratio if cash is $10,000, accounts receivable are $25,000, inventories are $30,000, accounts payable are $40,000, and accrued payroll is $15,000?
◦ 2.00
◦ 1.18
◦ 1.13
◦ 0.64
◦ 0.73


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by craiczarry on Apr 25, 2021

Laurenleakan

  • Sr. Member
  • ****
  • Posts: 309
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly




craiczarry

  • Member
  • Posts: 527
Reply 2 on: Apr 25, 2021
Excellent


nanny

  • Member
  • Posts: 313
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

For a complete list of videos, visit our video library