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Compute the following ratio and indicate what it means Current ratio current assets=$15,000.00 current liabilities= $3,500.00 answer ratio = meaning 2. Days cash on
Compute the following ratio and indicate what it means Current ratio current assets=$15,000.00 current liabilities= $3,500.00 answer ratio = meaning 2. Days cash on hand Cash=$500,000.00 Marketable securities= $3,500,000.00 Operating expense-= $210,000.00 bad debts-$90,000.00 Depreciating = $110,000.00 answer ratio = meaning 3. Days in accounts receivable Net accounts receivable=$6,470,000.00 Net patent revenue=$2,650,000.00 answer ratio = meaning 4. Total asset turnover Total revenue=$14,000,000.00 Total Asset=$15,000,000.00 answer ratio = meaning 5. Long Term Debt to Net ASSET Long tem debt=$60,000,000.00 Net Assets-$25,000,000.00 answer ratio= meaning answer ratio = meaning
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