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Net Worth- Guillermo Peralta.

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Josefina Kunze

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2y ago

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What's the formula for quick asset ratio?

1. Quick assets ratio formula Quick asset ratio = quick assets / current liabilities


Formula to calculate NAV?

(securities - liabilities)/(# of outstanding shares)


What is the formula for calculating ratio analysis?

Ratio Analysis = Current Asset / Current Liabilities


Is accrued expenses payable is an asset or liabilities?

Liabilities


Petty cash in till asset or liabilities?

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The formula of subtracting liabilities from asset will provide what?

Net Worth- Guillermo Peralta.


Other terms of asset and liabilities?

asset= strengths liability= weaknessess


Common stock is assets or liabilities?

asset


What happens to liabilities in an asset purchase?

In an asset purchase, liabilities are typically not transferred to the buyer. The buyer only acquires the specific assets agreed upon, and the seller remains responsible for any existing liabilities.


Does debits increase asset and increase liabilities?

Debits increase assets but decrease liabilities. In accounting, when you debit an asset account, it signifies an increase in that asset. Conversely, when you debit a liability account, it indicates a decrease in that liability. Therefore, debits do not increase liabilities; they have the opposite effect.


Is fixed deposits is an asset or liabilities?

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How rent paid in advance is treated in accounting equation?

If you are the payer Increase in Prepaid Expenditure- Asset Decrease in Bank - Asset Equity= Asset- Liabilities 0 = +/- - 0 If you are the payee Increase in Income Recieved in Advance - Liability Increase in Bank - Asset Equity= Asset- Liabilities 0 = + - +