Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 20, 2024

ABC inc. has net working capital of $100,000 and current assets $400,000find the company current ratio? Select one: O a. 2x O b. 2.5x O

ABC inc. has net working capital of $100,000 and current assets $400,000find the company current ratio? Select one: O a. 2x O b. 2.5x O c. 2.3x O d. 1.33x

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Banker To The World

Authors: William Rhodes

1st Edition

0071704256, 978-0071704250

More Books

Students also viewed these Finance questions

Question

★★★★★

Suppose Shaan invested just $10,000 of his own money and had a $90,000 mortgage with an interest rate of 8.5 percent. After three years he sold the property for $120,000. a. What is his gross profit?...

Answered: 1 week ago

Question

★★★★★

A $1000 face value compound-interest Series S96 Canada Savings Bond was redeemed on March 14, 2010. What amount did the bonds owner receive? (Obtain the issue date and the interest rates paid on the...

Answered: 1 week ago

Question

★★★★★

5. How do you think this knowledge will help you on your journey towards becoming a Transpersonal Leader?

Answered: 1 week ago

Question

★★★★★

Consider the problem Min2X2 - 20X + 2XY + Y2 - 14Y + 58 s.t. X + 4Y 8 a. Find the minimum solution to this problem. b. If the right-hand side of the constraint is increased from 8 to 9, how much do...

Answered: 1 week ago

Question

★★★★★

chapter 9 question 14 Consider the following annual returns of Estee Lauder and Lowes Companies: Estee Lauder Lowes Companies Year 1 24.0 % 7.0 % Year 2 25.0 16.7 Year 3 18.2 4.8 Year 4 50.5 45.0...

Answered: 1 week ago

Question

★★★★★

6. My dad promises me a cash gift of $15,000 three years from today if I graduate from college in 3 years. What is the value of this gift today if the time value of money is 3%? A. $11,591.15 B....

Answered: 1 week ago

Question

★★★★★

Name is needed for identifying organisms ?

Answered: 1 week ago

Question

★★★★★

A 64-year-old man presents to his General Practitioner with a two-month history of worsening shortness of breath. He also has a chronic cough, which he attributes to his smoking. He has a medical...

Answered: 1 week ago

Question

★★★★★

A 50-year-old woman presents with recurring episodes of pain and stiffness primarily in her finger joints, which are more pronounced in the morning and last for about 15 minutes. She also experiences...

Answered: 1 week ago

Question

★★★★★

Acute Diverticulitis A 67-year-old man presents to the Emergency department with an eight-hour history of constant left lower quadrant pain. He has no other gastrointestinal, no genitourinary...

Answered: 1 week ago

Question

★★★★★

Q.1. Taxonomic classification of peafowl, Tiger and cow ?

Answered: 1 week ago

Question

★★★★★

Evaluate the strength of the five forces individually for the fast-food industry.

Answered: 1 week ago

Question

★★★★★

Make a judgement about how attractive an industry like this would be to invest $5 million.

Answered: 1 week ago

Question

★★★★★

5. After watching the video what advice would you give to an employer such as Stephen Elop when they are announcing redundancies.

Answered: 1 week ago

Previous Question Next Question