Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. geometry
  3. ebook current assets cash marketable securities ac

eBook Current assets Cash Marketable securities Accounts and notes receivable net Inventories Prepaid expenses Total...

80.2K

Verified Solution

Question

Geometry

image

eBook Current assets Cash Marketable securities Accounts and notes receivable net Inventories Prepaid expenses Total current assets Current liabilities Accounts and notes payable short term Accrued liabilities Current Year 1 Working capital 2 Current ratio 3 Quick ratio b The liquidity of Nilo has have all 699 200 809 600 331 200 686 400 353 600 2 880 000 464 000 490 000 210 000 336 000 800 000 Total current liabilities 700 000 a Determine for each year 1 the working capital 2 the current ratio and 3 the quick ratio Round ratios to one decimal place Current Year Previous Year Previous Year 588 000 661 500 220 500 469 700 300 300 2 240 000 from the preceding year to the current year The working capital current ratio and quick ra in current assets relative to current liabilities Most of these changes are the result of an

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

Woodbridge Manufacturing is also considering developing a new assembly line on which to build another new...

Physics
1.2K views

A charge of -1.0 µC is located at the origin, a second charge of 1 µC...

Physics
1.2K views

A square loop of wire with sides of length 34 cm is in a uniform magnetic...

Basic Math
1.2K views

Suppose a product's revenue function is given by R(q) = 7q + 300qFind an expression...

Basic Math
1.2K views

Consider the following relation.y=x+1Find four points contained in the inverse. Express your values as an...

Algebra
1.2K views

For the curve f(x) = -2(3)? +3, the horizontal asymptote occurs at:a) y = 1b)...

Accounting
1.2K views

Matthew, Incorporated, owns 30 percent of the outstanding stock of Lindman Company and...

Accounting
1.2K views

Flexible Budget for Selling and Administrative Expenses for a Service Company Cloud Productivity...

Accounting
1.2K views

Match the type of responsibility center to an example on the right. Cost Center [...

Accounting
1.2K views

The statement of cash flow explains the difference between the beginning and the ending balances...

Accounting
1.2K views

3. Quiz Company provided the following information related to its two product lines. ...

Accounting
1.2K views

SkyChefs, Incorporated, prepares in-flight meals for a number of major airlines. One of the company's...