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Current Assets:
1 - cash
2 - bank
3 - inventory
Current liabilities:
1- Accounts Payable
2 - loan payable
3 - tax payable etc
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∙ 9y ago
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What are the examples of current assets and current liabilities?
Some current assets include:CashMarket able securitiesA/C ReceivableSome current liabilities include:A/C payableNotes Payable
What is current liabilities to total assets ratio?
Current liabilities to total assets ratio is the comparison between total assets in business with current liabilities in business.
Sam reported total assets of 1903000 and non current assets of 894410 He also reported a current ration of 1.60 What amount of current liabilities did he report?
Current assets = total assets - long term assets Current assets = 1903000 - 894410 Current assets = 1008590 Current ratio = 1.6 Current ratio formula = Current asset / Current liabilities 1.6 = 1008590 / Current liabilities Current liabilities = 1008590 / 1.6 Current liability = 630369
What's the relationship between current liabilities and current assets?
Solvency. A company is considered solvent if it's current assets exceed it's current liabilities. A company is considered to be insolvent if their current liabilities exceed their current assets.
Give examples of non current liabilities and non current assets.?
Non-current assets are assets for which useful life are expected to be used for > 12 months and classified according to company's capitalization policy. Examples are building, machinery, land,and motor vehicles. Non-current liabilities are liabilities not expected to be repaid in the next 12 months. Examples are long term bank loan and lease payable.
What are the examples of current assets and current liabilities?
Some current assets include:CashMarket able securitiesA/C ReceivableSome current liabilities include:A/C payableNotes Payable
What is current liabilities to total assets ratio?
Current liabilities to total assets ratio is the comparison between total assets in business with current liabilities in business.
Sam reported total assets of 1903000 and non current assets of 894410 He also reported a current ration of 1.60 What amount of current liabilities did he report?
Current assets = total assets - long term assets Current assets = 1903000 - 894410 Current assets = 1008590 Current ratio = 1.6 Current ratio formula = Current asset / Current liabilities 1.6 = 1008590 / Current liabilities Current liabilities = 1008590 / 1.6 Current liability = 630369
What are net current assets?
Formula for net current assets :net current assets = current assets - current liabilities
What is a measure of liquidity?
the two ratios that measure liquidity is acid test and current ratio. the acid test ratio is current assets- stock/ current liabilities the current ratio is current assets/ current liabilities
What's the relationship between current liabilities and current assets?
Solvency. A company is considered solvent if it's current assets exceed it's current liabilities. A company is considered to be insolvent if their current liabilities exceed their current assets.
Give examples of non current liabilities and non current assets.?
Non-current assets are assets for which useful life are expected to be used for > 12 months and classified according to company's capitalization policy. Examples are building, machinery, land,and motor vehicles. Non-current liabilities are liabilities not expected to be repaid in the next 12 months. Examples are long term bank loan and lease payable.
An example of liquidity ratio is the?
current ratio and acid test ratio are examples of liquidity ratios'. current ratio is current asset's/ current liabilities. acid test ratio is current assets- stock / current liabilities.
What is the shareholders equity if it has current assets of 2230 net fixed assets of 9900 current liabilities of 1380 and long-term debt of 4040?
Basic Accounting Equation: Assets = Liabilities + Owner's Equity Assets = Current Assets + Fixed Assets Liabilities = Current Liabilities + Long-term liabilities So Assets = Liabilities + Owner's Equity then current assets + fixed assets = current liabilities + long-term liabilities + owner's equity 2230 + 9900 = 1380 + 4040 + owner's equity 2230+9900 - 1380 - 4040 = owner's equity 6710 = owner's equity
How can one calculate the working capital ratio?
One can calculate the working capital ratio by: Totalling ones current assets and current liabilities, working capital is calculated by subtracting the current assets from current liabilities. The ratio is calculated by dividing the current assets by the current liabilities.
How do current assets differ from the current liabilities?
Current assets are different from current liabilities in this sense that current assets are usable in current fiscal year to generate revenue while current liabilities are all those amount or items which are already used in current fiscal year and amount is still payable in current year.
How do you calculae total assets using current liabilities and the current ratio?
I am not sure if you can get total assets using the "current liabilities" and "current ratio" however, you can reverse the problem (formula) and get the current assets. Say your company has 40M in current assets and 20M in current liabilities to get the current ratio, we take 40M (current assets) / 20M (current liabilities) = 2.0 (current ratio) if we leave out the current assets we can take 20M (current liabilities) * 2.0 (current ratio) = 40M (current assets) Let's do a couple more to prove the formula. 80M (ca)/25M (cl) = 3.2 (cr) 25M (cl) * 3.2 (cr) = 80M (ca) 33M (ca) / 11M (cl) = 3.0 (cr) 11M (cl) * 3.0 (cr) = 33M (ca) M = Millions ca = current assets cl - current liabilities cr - current ratio
