Stingray Inc. Ratio’s StingRay Inc. Ratio’sCurrent Ration = Current Assets / Current Liabilities $184,000.00 / $286,000.00 = 0.64:1For every dollar of current liabilities, StingRay Inc. has 64 cents of current assets. Quick Ratio = Current Assets – Inventory / Current Liabilities $184,000.00 – $10,000.00 – $6,000.00 – $8,000.00 / $286,000.00 = 0.56:1The quick ratio shows.
Online Brand Essay Preview: Online Brand Report this essay Liabilities are a present obligation of the enterprise arising from past events, the settlement of which is expected to result in an outflow from the enterprise of resources embodying future benefits. It contains current liabilities and long-term liabilities. Current liabilities means short-term liabilities less than one-year,.
Calculation of Financial Ratios for Google Join now to read essay Calculation of Financial Ratios for Google The company that I have selected for Financial Ratio analysis is GOOGLE. The Ratios that I am going to analyze are grouped under four main headings: 1) Profitability Ratio 2) Liquidity Ratio 3) Debt Ratio 4) Market Ratio.
The Working Capital PolicyEssay Preview: The Working Capital PolicyReport this essayThe essential ingredients of a working capital management policy of a company are decisions made to set:The level of gross working capital (i.e. current assets) to be carried by the company. This brings us to the question as to how much current assets are appropriate.
3595 Assignment RA13-1The current liabilities reported at December 2011 are composed of the following: Bank indebtedness $172,262,000Accounts payable and accrued liabilities $1,109,444,000Income taxes payable $26,538,000Dividends payable $53,119,000Current portion of long term debt $249,971,000Provisions of $12,024,000Associate interest of $152,880,000An amount from profits that is put aside in a company’s account for a future liability is called.
Current Liabilities in Accounting Essay Preview: Current Liabilities in Accounting Report this essay Current Liabilities in Accounting Upon the initiation of the “Principles of Accounting I” course I was very nervous because accounting is not one of my strongest subjects. I was unsure on what to expect; accounting is such a meticulous and vast field.
Poco Loco Inc. Essay Preview: Poco Loco Inc. Report this essay Solutions to End-of-Chapter Three Problems3-1 From the data given in the problem, we know the following:Current assets $ 500,000c Accounts payable and accruals $ 100,000eNet plant and equipment 2,000,000 Notes payable 150,000 Current liabilities $ 250,000d Long-term debt 750,000 Total common equity 1,500,000Total assets $2,500,000 Total liabilities and equity $2,500,000bNote: Superscripts correspond to.
Financial Statements Essay Preview: Financial Statements Report this essay In order to boost the sales for Atlantis Company Andy has come up with a plan to improve his ratios for the year. This plan involves extending the credit terms for a period of two months instead of the usual one month. This in turn should.
Current Liabilities And Contingencies Essay Preview: Current Liabilities And Contingencies Report this essay Current Liabilities and Contingencies Current assets are cash or other assets that can reasonably be expected to be converted into cash, sold, or consumed in operations within a single operation cycle or within a year if more than one cycle is completed.
