Use the Following Data to Calculate the Current Ratio

Utilize the following data to calculate the current ratioCarne Car Supplies Balance Sheet December 31 2017 Greenbacks 70000 Accounts payable 130000 Accounts receivable 100000 Salaries and wages payable 20000 Inventory 140000 Mortgage payable 180000 Prepaid insurance 80000 Total. It is easy to calculate the current ratio just it takes a bit more dash to employ it as a method of stock analysis.

Check Out Average Machine Loan Rates Co-ordinate To Credit Score Roadloans Motorcar Loans Credit Score Loan Rates

### If for a company current avails are 200 million and current liability is 100 one thousand thousand and so the ratio will be 200100 xx.

. Cash 15 meg. The human relationship between the price for which a unit of livestock tin be sold in the bolt markets and the price of the nutrient required to raise that unit to market weight. Accounts payables 15 million.

Current assets 7000 Net income 15000 Electric current liabilities 4000 Stockholders disinterestedness 21000 Average assets 44000 Full liabilities 9000 Total assets 30000 Average common shares outstanding was 10000. Current assets refer to assets that tin reasonably be converted to cash within a year. Total current assets a 400000.

Current Ratio Electric current Assets Current Liabilities. Electric current ratio 60 1000000 30. This preview shows folio eighteen – 21 out of 79 pages.

However there are some. Using the following rest sheet and income statement information what is the current ratio. A current ratio of less than 1 could be an indicator the company volition be unable to pay its current liabilities.

A manufacturing company needs to calculate its current ratio to determine the likelihood of matching its avails to its liabilities by the cease of the yr. Use the following data to calculate the electric current ratio. This is a relatively simple equation so lets break it down.

The ratio is calculated in absolute terms rather than in percentage. 100 iv ratings Current ratioCurrent assetsCurrent liabilities. Debt Ratio—–Liabilities Cyberspace worth 11000 69500 01583 Current Ratio—–Liquid assets Current liabilities 9200 1650 55758 Debt-Payments Ratio—–Monthly credit payments Take-home pay 780 2525 03089 Savings Ratio—–Monthly savings Gross income 220 3525 00624.

Now allow find the electric current ratio using this formula. Current Ratio Electric current assets Current Liabilities 371000 151500 245. Current Ratio Electric current Assets Current Liabilities.

The electric current ratio compares a companys current avails to its electric current liabilities and so to calculate the current ratio the required inputs tin can be constitute on the balance canvas. Electric current ratio Total current avails Full current liabilities. 2d step is to Summate the Total current liabilities.

View the total answer. Current assets include greenbacks inventory accounts receivable and so on. At that place isnt a specific number you are looking for when calculating the current ratio.

If a business holds. Current Ratio Current Asset Current Liabilities. You lot tin calculate the current ratio using the following current ratio formula.

Current Ratio Current Assets Current Liabilities. To calculate the current ratio they complete the following equation. View the total answer.

The current ratio is 275 which means the companys currents assets are 275 times more than its current liabilities. Current Ratio Current Assets Current Liabilities beginaligned textCurrent Ratio fractextCurrent Assets textCurrent Liabilities. Current Ratio Current Assets Current Liabilities.

Use the following data to calculate the electric current ratio. Short-term debt 15 million. This is a relatively uncomplicated equation so lets interruption it down.

1 Current Avails greenbacks Accounts recievable inventory prepaid Insurance 66500 85500 137000 82000 371000 Current Liabili. Greenbacks Equivalents Marketable Securities Accounts Receivable AR Inventory. Current Ratio Current Assets Electric current Liabilities.

The college the resulting effigy the more short-term liquidity the company has. Current liabilities 15 15 30 one thousand thousand. Marketable securities 20 1000000.

The company adds up its current avails to total 13200 million and its electric current liabilities total 12835 1000000. How to Use the Current Ratio. We review their content and use your feedback to keep the quality high.

Inventory 25 one thousand thousand. This means accounts receivable inventory prepaid expenses. Balance Canvas December 31 2017 Cash 129700 Accounts payable 164000 Accounts receivable 120300 Salaries and wages payable 32400 Inventory 201800 Mortgage payable 266200 Prepaid insurance 86500 Total liabilities 462600 Stock Investments long-term 251000 State 286000 Buildings 336500.

Nosotros review their content and apply your feedback to keep the quality loftier. Total electric current liabilities b 160000. Electric current Ratio Formula Current Assets Current Liablities.

You tin can summate the current ratio using the following current ratio formula. Current Ratio is calculated using the formula given beneath. Using the post-obit remainder sheet and income statement data what is the current ratio.

Your are required to compute current ratio of the company. Current ratio Current assetsCurrent liabilities 1100000400000 275 times. Example of the Current Ratio Formula.

Selection D Electric current ratio Current assetsCurrent Liabilities Electric current ratio 390000 150000. The current ratio is calculated past dividing a companys current avails by its current liabilities. Current avails 15 20 25 60 million.

Electric current assets 37500 Internet income 42100 Current liabilities 14600 Stockholders equity 75600 Average assets 160700 Total liabilities 42300 Full assets 126000 Average common shares outstanding was 15800. Salaries and wages payable 20000. Electric current liabilities include short-term loans wages accounts payable and so.

Current assets refer to assets that can reasonably be converted to greenbacks within a year. The following section explains exactly how to use the electric current ratio in your analysis.

Managerial Accounting Mid Term Cheat Canvass Managerial Bookkeeping Accounting Education Bookkeeping And Finance

Learn What Is The Best Inventory Valuation Method At Http World wide web Svtuition Org 2013 08 What Is Best I Accounting Student Accounting Education Acquire Bookkeeping

Suspension Even Point In Dollars Form Small Business Start Up Skilful Essay Assay

Accounting Unit i Part two Income Argument Profit And Loss Statement Income Statement Career Teaching

### Use the Following Data to Calculate the Current Ratio

Source: https://ellengromahoney.blogspot.com/2022/05/use-following-data-to-calculate-current.html