« previous next »

Author Question: Team Shirts has 189,000 in total current assets and 165,000 in total current liabilities. Calculate ... (Read 92 times)

haleyc112

  • Hero Member
  • *****
  • Posts: 600
on: Jul 5, 2018
Team Shirts has 189,000 in total current assets and 165,000 in total current liabilities. Calculate the current ratio for Team Shirts. Round your answer to one decimal place.
 
  What will be an ideal response?

Question 2

Wok 'N' Roll, Inc., has assets of 500,000 and liabilities of 350,000. Calculate the amount of shareholder's equity.
 
  What will be an ideal response?


Jadwiga9

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Jul 5, 2018
Answer to Question 1

189,000/165,000 = 1.1

Answer to Question 2

500,000 - 350,000 = 150,000


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Walter Thompson saw his assets evaporate during the stock market collapse in 1929. Desperate for ... Walter Thompson saw his assets evaporate during the stock market collapse in 1929. Desperate for ...
Concentric double-pipe heat exchanger for counter-current flow Concentric double-pipe heat exchanger for counter-current flow
How to calculate simple interest (Part 1) How to calculate simple interest (Part 1)
. Calculate the net electric field at point B . Calculate the net electric field at point B
calculate ΔG° calculate ΔG°
Calculate ΔG° Calculate ΔG°
Video: Monohybrid crosses

For a complete list of videos, visit our video library