subject
Mathematics, 23.04.2020 21:04 cesarcastellan9

Select the correct answer from the drop-down menu.
An extract of a balance sheet is given. What are the current ratio and the quick ratio?

Balance Sheet (extract), December 31st, 2xxx $
Cash 2,000
Cash at Bank 20,000
Accounts Receivable 5,500
Prepayments 1,500
Inventory 10,000
Accounts Payable 12,000
Wages Payable 1,500
Taxes Payable 1,500
The current ratio is 1.5:1 ,2.0:1 ,2.6:1
The quick ratio is 1.9:1 ,2.6:1 ,2.5:1

ansver
Answers: 3

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 17:40, emileep13
Long division the problem is 40 ➗ 348 = ?
Answers: 1
image
Mathematics, 21.06.2019 18:30, Karinaccccc
Astick 2 m long is placed vertically at point b. the top of the stick is in line with the top of a tree as seen from point a, which is 3 m from the stick and 30 m from the tree. how tall is the tree?
Answers: 2
image
Mathematics, 21.06.2019 20:00, annieleblanc2004
Which type of graph would allow us to quickly see how many students between 100 and 200 students were treated?
Answers: 1
image
Mathematics, 21.06.2019 21:00, shay8181
Someone me i need with this stuff
Answers: 2
You know the right answer?
Select the correct answer from the drop-down menu.
An extract of a balance sheet is given. Wha...

Questions in other subjects:

Konu
Social Studies, 24.01.2020 13:31
Konu
Mathematics, 24.01.2020 13:31