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What else can I help you with?
A quick ratio much smaller than the current ratio reflects?
a large portion of current assets is in inventory
How can I compute the current portion of a loan?
In order to compute your current portion of a loan, there are several elements to factor in. These would include the initial loan, amount repaid, interest rates and repayment period among others.
When a portion of inventories has been pledged as security on a loan?
the fact should be disclosed(notes) but the amount of current assets should not be affected
Does current portion of long term debt include interest?
No, only the principal to be paid during that year. Interest is separated and classified as Interest Expense.
What is the ideal Current Ratio of a firm?
Liquidity and debt-equity ratios are widely used financial ratios. Liquidity ratio, also called the 'short-term solvency' ratio shows the adequacy or otherwise of working capital for a company's day-to-day operations. It is calculated as current assets/current liabilities. An ideal current ratio would be 2, indicating that even if the current assets are to be reduced by half, the creditors will be able to able to get their money in full. But a lot depends on the composition of current assets. If a substantial portion of the current assets is made of slow-moving/obsolete stocks or if the debtors comprise ageing debts, the company may not be able to pay the creditors even if the current ratio is higher than 2.
A quick ratio much smaller than the current ratio reflects?
a large portion of current assets is in inventory
Does inventory go on a balance sheet?
Yes inventory is part of current assets portion of balance sheet as it is usable in current fiscal year for revenue generation.
What is the Cost of jobs completed but not yet sold?
Cost of jobs completed is cost of finished goods inventory available for sale which is current assets and shown in current asset portion of balance sheet.
What type of currents form as hot and cool portion of a liquid or gas move?
Convection currents.
What is the current portion of long-term debt classified?
The current portion of long-term debt is classified with the ____
What is the current portion of long-term debt classified with?
Current portion of long term loan is classified as current liability and shown under current liability section of balance sheet.
The current portion of long-term debt should?
be reclassified as a current liability
Is long term investment is fixed assets?
Long term investment is non-current asset but if there is maturity in different dates then that portion which is going to mature in current fiscal year then it is current asset and remaining portion is non-current.
What is the purpose of reporting current maturities of long term debt?
Purpose to report is to show that how much portion of long term debt will be paid or payable in current accounting year that's why that portion became current liability and not long term liability.
How do parallel circuits use current and voltage?
Kirchoff's voltage law: In a series circuit, the signed sum of the voltage drops around the circuit add up to zero. Since a parallel circuit (just the two components of the parallel circuit) also represents a series circuit, this means that the voltage across two elements in parallel must be the same.Kirchoff's current law: The signed sum of the currents entering a node is zero. In a series circuit, this means that the current at every point in that circuit is equal. In a parallel circuit, the currents entering that portion of the circuit divide, but the sum of those divided currents is equal to the current supplying them.
How is the bonds payable classified on the balance sheet?
Bonds payable is classified as liability in balance sheet. That portion which is payable in current fiscal year as current liability while remaining portion as non-current liability.
What does lithosphere do?
it "surfs" on top of the asthenosphere's convection currents. we walk on it (it's the crust and the brittle portion of the upper mantle)
