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Q: What does cl payment mean on a bank statement?
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On the Natwest bank statement what does the abbreviation CL stand for?

Cash line (cash machine withdrawal)


What does CL mean in banking?

Classcified Loan


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


If you had total assets of 11700 a net working capitgal of 1400 owners equity of 5000 and long term debt of 3500 what is the value of current assets?

Balance Sheet is Total assets = total liability N.W.C = Current Assets - Current Liabilities First find out Current Liability Current Liability = Total Assets 11,700 - Total Debt Equity 8,500 = 3,200 CL 3,200 + N.W.C 1,400 = 4,600 Current Assets TA 11,700 = CA 4,600 + OA 7,100 TL 11,700 = CL 3,200 + OE 5,000 + Debt 3,500


Why is trend analysis helpful in analyzing ratios?

Answer to analysis questionTrend analysis gives the owner an up, down, or flat trend, and tells the owner whether he is doing better, worse or remaining the same. Lets take for example a Liquidity ratio over a four year Calendar Year period as displayed below: CY 2000 = 3:1CY 2001 = 2:1CY 2002 = 1:1CY 2003 = .65:1This trend analysis is telling the owner that he/she has $3.00 in CA to pay CL. Over the course of the last four years the owners don't have enough money in CA to pay CL.

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