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A firm has a current assets of 800000 current liabilities of 600000 The firm uses 200000 of its cash balance to pay off a current liabilities Calculate the current ratio before and after this?

Current ratio before payment = 800000 / 600000 = 1.33 Curren ratio after payment = 600000 / 400000 = 1.5


Was minnesota a territory before it become a state?

It was a territory.


Was Oklahoma a territory before a state?

Yes, both Indian Territory and Oklahoma Territory.


What did they call North Dakota before it was named?

Before North Dakota became a state, it was part of the Dakota Territory. Before that, North Dakota was part of the Minnesota Territory and the Nebraska Territory.


Before Vermont became a state it was?

The Vermont Republic. It was established in 1777 and joined the USA in 1791. Before being the Republic it was British Territory.Before Being British Territory it was French Territory. Before being French Territory it was Indian Territory.


Who owned the Louisiana Territory before Spain?

Before the advent of the Spanish the territory was unclaimed by any European power.


What countries ruled New Orleans before The Louisiana Purchase?

Before the Louisiana Purchase in 1803, New Orleans was ruled by several countries. Initially, it was a French territory, founded in 1718. In 1763, France ceded the territory to Spain following the Seven Years' War, and it remained under Spanish control until 1800, when France regained it through the Treaty of San Ildefonso. Ultimately, the United States acquired New Orleans and the wider Louisiana Territory in 1803.


Under the northwest ordinance who or what approves a territory's proposed constitution before the territory becomes a state?

Congress approves a territory's proposed constitution before it becomes a state.


Was Kansas originally a territory?

Yes, Kansas was a territory before it gained statehood.


What territory did Tennessee belong to before it was a state?

I believe it belonged to the Southwest territory.


I wonder if its correct to say The offence was committed in the territory of America. Do you use IN or ON before the word territory?

We say in the territory


What was Hawaii before 1778?

TERRITORY