Working capital of a company is Rs. 33,000. Its current ratio is 2.5:

Question:

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Zero To Mastery In Accounting Become A High Level Accounting Manager

ISBN: 9789392475177

1st Edition

Authors: HECTOR ROBINETT

See More Books

Question Posted: Jul 19, 2024 08:01 PM

See More Questions

What is the magic collection tipping point? Group of answer choices 2 3 1 5
Mac1123 Homework: 4.4 0 Part 2 of 5
Please assist me: Provide answers as well as explanation Q.49. Most suitable basis for apportioning insurance of machine would be: (a) Floor Area (b) Value of Machines (c) No. of Workers (d) No. of...
The September 30, 2018, adjusted trial balance of Buzzy?s, Inc., is shown next. Requirements 1. Prepare the September closing entries for Buzzy?s, Inc. 2. Calculate the ending balance in Retained...
Ming Company began operations on January 1, 2010. During its first two years, the company completed a number of transactions involving sales on credit, accounts receivable collections, and bad debts....
Sierra Company manufactures soccer balls in two sequential processesCutting and Sutching. All direct materials enter production at the beginning of the cutting process. The following information is...
2. Critically discuss Walters dividend Model. To what extent are the shortcomings of this model are justifi ed by you? [C.U. B.Com. (H), 2007]
On January 1, 2013, Pam Company purchased an 85% interest in Shaw Company for $540,000. On this date, Shaw Company had common stock of $400,000 and retained earnings of $140,000. An examination of...
How do changes in interest rate, time, and compounding affect the amount of interest earned on an investment? What changes will you make in the way you deal with money based on what you learned? Will...
Calculate the value of (i) Current Assets; (ii) Current Liabilities; (iii) Acid Test Ratio, assuming stock of Rs. 25,000.
Gross profit of Lal Co. Ltd. for the year 2008-09 is Rs. 9,20,000. From the following, calculate Net Profit ratio: Rs. Administrative Expenses 3,00,000 Selling & Distribution Expenses 2,20,000 Income...
The following information was summarized from the consolidated balance sheets of Walgreen Co. and Subsidiaries as of August 31, 2010 and 2009 and the consolidated statements of earnings for the years...
The sample space listing the eight simple events that are possible when a couple has three children is {bbb, bbg, bgb, ogg, gbb, gbg, ggb, ggg}. After identifying the sample space for a couple having...
Construct a 90% confidence interval for the population standard deviation o at Bank B. Bank B 4.2 5.4 5.9 6.1 6.6 7.7 7.7 8.6 9.3 10.0
Jamila Traders has a head office in Nanyuki and an autonomous branch in Thika. The trial balances of the head office and the branch as at 30 September 2014 were as follows: Head office Sh. Sh. Thika...
Poll Results in the Media USA Today provided results from a survey of 1144 Americans who were asked if they approve of Brett Kavanaugh as the choice for Supreme Court justice. 51% of the respondents...
ROI analysis using the DuPont model a. Firm A has a margin of 7%, sales of $980,000, and ROI of 19.6%. Calculate the firm's average total assets. b. Firm B has net income of $259,200, turnover of...
This SN1 reaction gives the mixture of products shown. Show the structure of the carbocation formed in this reaction and explains what factor favors the reaction of the nucleophile at the primary...
Explain what is meant by vicarious liability and when it is available?
Which of the following statements about the federal gift tax is false ? A) An individual can give away $10 million (adjusted for inflation) every year without being subject to tax. B) The tax is...
Edison Co. reported the following for the current year Net sales Cost of goods sold Net income Beginning balance of total assets Ending balance of total assets $81,000 $57,000 $20,250 $61,000 $74,000...
When creating a balanced scorecard, the following guidelines should be followed in choosing performance measures except : Group of answer choices A.The measures should be consistent with company...

Working capital of a company is Rs. 33,000. Its current ratio is 2.5:

Question:

Step by Step Answer:

Zero To Mastery In Accounting Become A High Level Accounting Manager

Students also viewed these Business questions