A business has $550,000 in current assets and a current ratio of 2.0. What is the balance of its current liabilities? Different Options 2.0 $275,000 $550,000 $1,100.000
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- Choose the letter of correct answer A firm's current assets and current liabilities are P25,000.00 and P18,000.00 respectively. How much additional funds can it borrow from banks for short term, without reducing the current ratio below 1.35 times *a. P1,000.00b. P2,000.00c. P3,000.00d. P4,000.00e. P5,000.0A company has $120,000 in current liabilities and $200,000 in noncurrent liabilities. What would the total amount of the company's liabilities be? O A. $160,000 O B. $200,000 C. $320,000 D. $80,000 SUBMIT14. Given the data for Michele LLC, - Cash in hand RO 5000, account receivable RO 3000, inventory RO 3000, Plant RO 500000 and account payable RO 5000. The current ratio will be _______. a. 2.2 times b. None of the options c. 12.2 times d. 3.4 times
- Given non-current assets of £40,000, current assets of £13,000, current liabilities of £4,000, and non-current liabilities of £10,000, owner's equity will be: The equity value is £enter your response hereAssume that a company has current assets of R60 000, current liabilities of R5 000 and prepaid expenses of R5 000. Calculate the quick ratio of the company? Select one: a. 1.86 b. 0.58 c. 1.71 d. 12. If the liabilities are $4,000,000 and the owners’ equity is $1,200,000, what are theassets worth?
- A firm has the following current assets. Cash € 250,000 Marketable securities 100,000 Accounts receivable 800,000 Inventories 1,450,000 Total current assets € 2,600,000 If current liabilities are €1,300,000, the firm’s A.Current ratio will not change if a payment of €100,000 is used to pay €100,000 of accounts payable. B.Current ratio will decrease if a payment of €100,000 cash is used to pay €100,000 of accounts payable. C.Acid-test (quick) ratio will not change if a payment of €100,000 cash is used to purchase inventory. D.Acid-test (quick) ratio will decrease if a payment of €100,000 cash is used to purchase inventory.Compute the following requirements from the given data below: Part I Assets Liabilities+ Equity 1. 2M= ? +1.8M 2. ? = 375,000 + 500,000 3. 1.6M 400,000+? 4. Revenue 1.7M - Expenses 1.3M= Net Profit? = 5. What is the new Equity Amount if we add the result of # 4 with #3.A company has a current ratio of 2.0 and current assets of $550,000. What is its current liabilities balance? Multiple Choice 2.0 $275,000 $550,000 $1.100,000
- In the Economic Order Quantity (EOQ) Theory, if CO £20, D 24,000, EOQ 400, calculate the annual holding cost. A £6 B £12 C £18 D £36Choose the correct letter and pls provide the solution thanks A firm’s current assets and current liabilities are P1,600.00 and P1,000.00 respectively. How much can it borrow, in a maximum, and on a short-term basis without reducing the current ratio below 1.25? *a. P2,500.00b. P1,000.00c. P1,400.00d. P3,600.00e. P3,500.00Q13 If the company’s cost of equity is 45%, Interest on Debt is OMR 10,000, market value of equity is OMR 400,000 and value of Debt is OMR 800,000; then what is the Earnings before interest and taxes (EBIT) under Net Operating Income Approach? a. OMR 130,000 b. OMR 180,000 c. OMR 190,000 d. OMR 120,000