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If assets are 3 million and the current ratio is 1.5, the liabilities are 2 million. (current assets = 3 million/ current liabilities of 2 million = 1.5 current ratio.) Inventories have to be 1 million. The quick ratio is current assets = 3 million - 1 million inventory / current liabilities of 2 million equal a quick ratio of 1.
What else can I help you with?
why accounting is inseparable from the business?
That’s the companys money
True or false The repayment of a loan reduces the borrowing companys retained earning?
Yes
Decrease in assets from purchasing companys own stock is what type of element of financial statement?
distributions to owners
True or false When a companys Cash account balance is less than its Accounts Payable account balance bankruptcy is likely to follow.?
yes
Which combination of financial statements would provide the most in-depth information to help understand a companys liquidity?
To gain a comprehensive understanding of a company's liquidity, one should analyze the balance sheet, the income statement, and the cash flow statement. The balance sheet provides insights into current assets and liabilities, highlighting the company's short-term financial obligations. The income statement shows revenue and expenses, indicating the company's ability to generate profit. Meanwhile, the cash flow statement reveals cash inflows and outflows, crucial for assessing the company's actual liquidity position.
What are the top companys that offer 801k programs?
Raven Industries
Who made the halo series?
Well it consists of many companys but there are two main ones 343 Industries and Bungie.
What is stimulus spending?
buying from companys so the companys are worth more money, so people invest into these companys so the companys can grow.
How many digital camera companys are there?
26 companys
What does a area manager do?
check on the companys local shops are up to the companys standerd
When was Lluís Companys born?
Lluís Companys was born on 1882-06-21.
When did Lluís Companys die?
Lluís Companys died on 1940-10-15.
Where could I find information on restoring a classic Chevrolet?
The best thing to do is to search your car online and look for forums. there are also many part companys out the such as classic industries, jegs, summit, and lmc(if it is a truck)
What has the author Luis Companys y Jover written?
Luis Companys y Jover has written: 'Address of His Excellency, the president of the generalitat of Catalunya, Lluis Companys'
What is Lluís Companys i Jover's birthday?
Lluís Companys i Jover was born on June 21, 1882.
When was Lluís Companys i Jover born?
Lluís Companys i Jover was born on June 21, 1882.
When did Lluís Companys i Jover die?
Lluís Companys i Jover died on October 11, 1940 at the age of 58.
