Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 28, 2024

Which item is not included in the calculation for both the quick ratio and the current ratio? A.accounts receivable B.current assets C.inventories D.current liabilities

Which item is not included in the calculation for both the quick ratio and the current ratio?

A.accounts receivable
B.current assets
C.inventories
D.current liabilities

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

Essentials Of Corporate Finance

Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan

9th International Edition

1259254801, 9781259254802

Students also viewed these Finance questions

Question

★★★★★

Using electronegativity values from Table 1-2 (in Section 1-3), identify polar covalent bonds in several of the structures in Problem 25 and label the atoms + and - , as appropriate.

Answered: 1 week ago

Question

★★★★★

How can the accounting policies adopted for financial reporting affect the assessment of income tax?

Answered: 1 week ago

Question

★★★★★

Why is it inappropriate to report the value of ???? when the data cloud in the scatterplot has a curvilinear data cloud?

Answered: 1 week ago

Question

★★★★★

Initiate, Inc., a 501(c)(3) organization, receives the following revenues and incurs the following expenses. Grant from Gates Foundation $ 70,000 Charitable contributions received .. 625,000...

Answered: 1 week ago

Question

★★★★★

The following data have been recorded for recently completed Job 450 on its job cost sheet. Direct materials cost was $2,136. A total of 33 direct labor-hours and 270 machine-hours were worked on the...

Answered: 1 week ago

Question

★★★★★

Date Account Debit Credit Dec. Cash Dividends Payable 274,580 19. Cash 274,580 Dec. 19. Issued the certificates for the common stock dividend. Date Account Debit Credit Dec. Stock Dividends...

Answered: 1 week ago

Question

★★★★★

Question 46 1 pts A ship loaded with gold and jewels sank off of the coast of Florida in 1650. A diving company finds the sunken ship in 2022 and claims the gold and jewels. Who would win and why? It...

Answered: 1 week ago

Question

★★★★★

The owners of Pixie, a normally playful puppy, didn't know why she had slowed down and would whine any time she was picked up. The answer came when a veterinarian removed the 7inch long, serrated...

Answered: 1 week ago

Question

★★★★★

In my role as a development finance analyst, it is imperative to thoroughly evaluate the financial feasibility and prospective ramifications of three distinct projects initiated by Godezhy PVT LTD, a...

Answered: 1 week ago

Question

★★★★★

This 4-minute video talks grit. A trait that researchers argue leads to success in school and career. It relates to our topics of emotions and moods. So, let me know what you think about the video....

Answered: 1 week ago

Question

★★★★★

Many large developers have for years "gobbled-up" vacant land, not necessarily for their own development plans, but for resale to other developers (often at premium prices). There has been some...

Answered: 1 week ago

Question

★★★★★

=+1. Which argument do you favorpersuading a company to incorporate a CSR perspective voluntarily or forcing them to change using legislation? Why? Which of these two approaches is ideal? Which is...

Answered: 1 week ago

Question

★★★★★

=+2. Enter the search terms csr, mandatory, voluntary into Google. Have a brief look at some of the relevant documents this search produces.

Answered: 1 week ago

Question

★★★★★

=+ Where would most corporations like the balance to fall?

Answered: 1 week ago

Previous Question Next Question