subject
Business, 18.12.2019 20:31 blake4033

The following data were taken from the balance sheet of nilo company at the end of two recent fiscal years: current year previous year current assets: cash $271,300 $211,200 marketable securities 314,200 237,600 accounts and notes receivable (net) 128,500 79,200 inventories 1,144,400 805,200 prepaid expenses 589,600 514,800 total current assets $2,448,000 $1,848,000 current liabilities: accounts and notes payable (short-term) $295,800 $308,000 accrued liabilities 214,200 132,000 total current liabilities $510,000 $440,000 a. determine for each year (1) the working capital, (2) the current ratio, and (3) the quick ratio. round ratios to one decimal place.

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 07:30, cherylmorton7302
What is the relationship between the national response framework and the national incident management system (nims)? a. the national response framework replaces the nims, which is now obsolete. b. the response protocols and structures described in the national response framework align with the nims, and all nims components support response. c. the nims relates to local, state, and territorial operations, whereas the nrf relates strictly to federal operations. d. the nims and the national response framework cover different aspects of incident management—the nims is focused on tactical planning, and the national response framework is focused on coordination.
Answers: 3
image
Business, 23.06.2019 00:50, alyssamiller401
Janis owns and operates a store in a country experiencing a high rate of inflation. in order to prevent the value of money in her cash register from falling too quickly, janis sends an employee to the bank four times per day to make deposits in a interest-bearing account that protects the store's revenues from the effects of inflation. this is an example of the (menu costs/ unit of account costs/ shoesleather costs) of inflation. pick one
Answers: 3
image
Business, 23.06.2019 02:00, sunflowerdaisy35
Which of the statements is true about the values recorded in the balance sheet of a firm?
Answers: 2
image
Business, 23.06.2019 10:00, sneakypanther19
If a business is in need of working capital, one option is to use a(n) that will buy the company's account receivables and then handle their collection for a fee.
Answers: 2
You know the right answer?
The following data were taken from the balance sheet of nilo company at the end of two recent fiscal...

Questions in other subjects:

Konu
Mathematics, 25.03.2021 15:40
Konu
Mathematics, 25.03.2021 15:40
Konu
Mathematics, 25.03.2021 15:40