answersLogoWhite

0


Best Answer

acid test ratio = quick assets / current liabilities

acid test ratio = 150000 / 100000
acid test ratio = 150 %

User Avatar

Wiki User

9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: 300000 current assets 100000 current liabilities and inventory of 150000 what is the acid test ratio?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

A firms long term assets equals 75000 total assets equals 200000 inventory equals 25000 and current liabilities equals 50000?

Assets: Inventory 25000 Other current assets 100000 Long term assets 75000 Total assets 200000 Liabilities: Current liabilities 50000 Long term liabilities 150000


Current assets of 300.000 current liabilities of 1000000 and inventory of 150000 Lemming's acid-test ratio is?

My answer is not able to answered using current keyboard function, the eqaution is very long. but the answer is .5.


Lemming Company has current assets of 300000 current liabilities of 100000 and inventory of 150000 Lemming's acid-test ratio is?

The Acid Ration test formula is:Cash + Short Term investments + Net Current Receivables / Current LiabilitiesWithout having the full information needed, it's impossible to give you an accurate answer, however, using just the numbers you provided the equation would be:300000 + 150000 / 100000450000 / 1000004.50Which is an unusual high number for most companies.


What is 1.5 times 100000?

1.5 * 100000 = 150000


What is the number that is halfway between 100000 and 200000?

150000


What is the number halfway between 100000 and 200000?

(100,000 + 200,000) ÷ 2 = 150,000


If total assets increased 150000 during the year and total liabilities decreased 80000 what is the amount of stockholders' equity at the end of the year?

If total assets increased 150000 during the year and total liabilities decreased 80000 what is the amount of stockholders' equity at the end of the year?


How do you write 1 lakh and 50 thousand in figure?

100000 + 50000 = 150000


What was the first hominid to appear on earth?

Adam and Eve.


Current assets 150000Rs Current Liabilities 75000Rs Promoters contribute 80 of working capital.calculate incremental capital equired.?

The working capital is calculated as Current Assets minus Current Liabilities, which is Rs. 75,000. Since the Promoters contribute 80% of the working capital, the incremental capital required would be 20% of Rs. 75,000, which is Rs. 15,000. Therefore, the incremental capital required would be Rs. 15,000.


What is the President of the Pakistan's current salary?

150000


How many 100000 in 150000?

(1.5 x 10^5) / (1.0 x 10^5) = 1.5