Big Rate TAT Interest Expense Rate For for Computation LIQUIDITY Working Cal returi Carrera lavory Cost of good adversery Days in 365 eventory Turner Account cevable Nel credit Avengers Average collection 303 Arvele Quick or Shoe Aber die 2 Interest Payable 3 Currench det Love d. Bonds Payable 2 ca Det Tinted Cover) Nech provided by the Avenger SOLVENCY Toral label Nappi Instable Free Nadded by people die 2 Stockmanni PROFITABILITY IMet an helrial artialiyaripted- Market priceperin hare |aimahafia ule Net incomeNet we Net.com/Avenge Net Average total Clash dividenda Declared Sock.Net.com 1 Hangsperare ) Priorare Grosso Pro Recursos Aver Payout Robom stockholders equity Bok vakre Icah (Net Preferred dividende verseker Como che quity Oustanding.com a v w Y M ME AC M ni Katie Calculates Calais Calvany Callery Cake Care 167 25 Stay Stayam Star Stay 15 2.30 To be determined I would like you to determine the effect the entries would have have the ratios. You can make up numbers to prove your point. For example, if you had a beginning current asset ratio of 3:2 (current assets/current liabilities) and you had an entry that debited Cash and credited Accounts Payable for $1 that would increase the numerator of the current ratio from 3 to 2 and decrease the denominator of the current ratio from 2 to 1. Beginning current ratio 3:2 New ratio 2:1 The effect of this entry on the current ratio is a decrease. Big Rate TAT Interest Expense Rate For for Computation LIQUIDITY Working Cal returi Carrera lavory Cost of good adversery Days in 365 eventory Turner Account cevable Nel credit Avengers Average collection 303 Arvele Quick or Shoe Aber die 2 Interest Payable 3 Currench det Love d. Bonds Payable 2 ca Det Tinted Cover) Nech provided by the Avenger SOLVENCY Toral label Nappi Instable Free Nadded by people die 2 Stockmanni PROFITABILITY IMet an helrial artialiyaripted- Market priceperin hare |aimahafia ule Net incomeNet we Net.com/Avenge Net Average total Clash dividenda Declared Sock.Net.com 1 Hangsperare ) Priorare Grosso Pro Recursos Aver Payout Robom stockholders equity Bok vakre Icah (Net Preferred dividende verseker Como che quity Oustanding.com a v w Y M ME AC M ni Katie Calculates Calais Calvany Callery Cake Care 167 25 Stay Stayam Star Stay 15 2.30 To be determined I would like you to determine the effect the entries would have have the ratios. You can make up numbers to prove your point. For example, if you had a beginning current asset ratio of 3:2 (current assets/current liabilities) and you had an entry that debited Cash and credited Accounts Payable for $1 that would increase the numerator of the current ratio from 3 to 2 and decrease the denominator of the current ratio from 2 to 1. Beginning current ratio 3:2 New ratio 2:1 The effect of this entry on the current ratio is a decrease
