Current ratio questions and answers
WebThe quiz questions will test you on various types of ratios relevant to a company's ability to pay its debts. Quiz & Worksheet Goals In these assessments, you'll be tested on the … Web27 minutes ago · Thanks for contributing an answer to Stack Overflow! Please be sure to answer the question. Provide details and share your research! But avoid … Asking for …
Current ratio questions and answers
Did you know?
WebJan 15, 2024 · The value of the current ratio is calculated by dividing current assets by current liabilities. More precisely, the general formula for the current ratio is: current_ratio = current assets / current_liabilities. … WebBusiness Accounting Exercise 5-14 Computing and analyzing acid-test and current ratios LO A1 Case X Case Y %24 Case z $1,300 700 Cash Short-term investments Current receivables Inventory Prepaid expenses $ 2,550 260 290 540 650 2,250 400 2,080 3,200 900 700 Total current assets $ 5,490 $ 3,580 $ 6,750 Current liabilities $ 2,280 $ 1,350 …
http://www.iimchyderabad.com/econtent/RATIO%20ANALYSIS%20SOLVED%20PROBLEMS.pdf WebBegin by selecting the formula to compute the current ratio. Current ratio = Total current assets ÷ Total current liabilities Part 2 Now, compute the current Question content area bottom Part 1 Requirement 1a. Compute the current ratios for 2024 and 2024.
WebThe formula for calculating the current ratio is as follows. Current Ratio = Current Assets ÷ Current Liabilities. As a quick example calculation, suppose a company has the … WebFinance questions and answers; 1. Calculate Ramakrishnan, Inc.’s current ratio for 2024 and 2024. (Round your answers to 2 decimal places.) 2. Calculate Ramakrishnan, Inc.’s quick ratio for 2024 and 2024. (Round your answers to 2 decimal; Question: 1. Calculate Ramakrishnan, Inc.’s current ratio for 2024 and 2024.
WebA: Solution:- Computation of ratios as follows under:- 1)Current ratio =Current assets / Current… Q: Required: 1a. For both companies compute the (a) current ratio, (b) acid-test ratio, (c) accounts… A: Ratios are very helpful in taking Decision of investment of any company and also it provides the… science of hobbiesWebCurrent Ratio = Current Assets Current liabilities Before payment = Cash Creditors Rs 15,000 Rs 7,500 = = 2 : 1 After payment = Rs1000 to creditors Current Ratio = Cash Creditors Rs 15,000– Rs 1000 Rs 7,500 – Rs 1000 = = Rs 14,000 Rs 6,500 = 2.15 : 1 Hence, it increases the current ratio from 2 : 1 to 2.15 : 1 INTEXT QUESTIONS 28.1 science of harry potterWebDec 17, 2024 · Based on the figures called out above, Walmart's current ratios and quick ratios for 2024 and 2024 (for the reporting period as of the balance sheet above) were: … science of healthy eatingWebMar 22, 2024 · What is the current ratio? The current ratio is one of two main liquidity ratios which are used to help assess whether a business has sufficient cash or … science of hittingThe current ratio is a liquidity ratio that measures a company’s ability to pay short-term obligations or those due within one year. It tells investors and analysts how a company can maximize the current assetson its balance sheet to satisfy its current debt and other payables. A current ratio that … See more To calculate the ratio, analysts compare a company’s current assets to its current liabilities.1 Current assets listed on a company’s balance sheet include cash, accounts receivable, inventory, and other current assets (OCA) … See more The current ratio measures a company’s ability to pay current, or short-term, liabilities (debts and payables) with its current, or short-term, assets, such as cash, inventory, and receivables.1 In many cases, a company … See more What makes the current ratio good or bad often depends on how it is changing. A company that seems to have an acceptable current … See more A ratio under 1.00 indicates that the company’s debts due in a year or less are greater than its assets—cash or other short-term assets expected to be converted to cash within a year or less. A current ratio of less … See more pratt read screwdriver setWebNumerical Questions Solutions 1. Following is the Balance Sheet of Raj Oil Mills Limited as at March 31, 2024. Calculate current ratio. Particulars ₹ I. Equity and Liabilities 1. … science of hitting a baseballWebAccounting questions and answers. Suppose 3M Company reported the following financial data for 2025 and 2024 (in millions). (a) Calculate the current ratio for \ ( 3 \mathrm {M} \) for 2025 and 2024 . (Round answers to 2 decimol places, es. 125:1.) Question: Suppose 3M Company reported the following financial data for 2025 and 2024 (in millions). pratt read tools llc