Bell Company has a current ratio of 2.5 on December 31. On that date the...

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Accounting

Bell Company has a current ratio of 2.5 on December 31. On that date the company's current assets are as follows:
Bell Company's current liabilities at the beginning of the year were $252,000 and during the year
its operating activities provided a cash flow of $120,000.
a. What are the firm's current liabilities on December 31?(Round to the nearest dollar.) $
b. What is the firm's working capital on December 31? $
c. What is the quick ratio on December 31?(Round to two decimals.)
d. What is Bell's operating-cash-flow-to-current-liabilities ratio? (Round to two decimals.)Bell Company has a current ratio of 2.5 on December 31. On that date the companys current assets are as follows:
Cash $52,200 Short-term investments 88,920 Accounts receivable (net)306,000 Inventory 360,000 Prepaid expenses 20,880 Current assets $828,000
Bell Companys current liabilities at the beginning of the year were $252,000 and during the year
its operating activities provided a cash flow of $120,000.
a. What are the firms current liabilities on December 31?(Round to the nearest dollar.) $Answer
b. What is the firms working capital on December 31? $Answer
c. What is the quick ratio on December 31?(Round to two decimals.) Answer
d. What is Bells operating-cash-flow-to-current-liabilities ratio? (Round to two decimals.) Answer
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