WebQuick ratio = Total currents assets – Inventory – Prepared taxes/ Current liabilitie s Quick ratio = $22800 – $4000 – $800/ $15000 Quick ratio = $18000/$15000 Quick ratio = $1.2 Quick Ratio Formula – Example #3

Test 1 Flashcards Quizlet

WebLuther's quick ratio for 2006 is closest to _____. A) 0.87 B) 0.88 C) 1.75 D) 1.31. A) 0.87 Explanation: Quick ratio = (Current assets - Inventory) / Current liabilities Quick ratio = ($171.3 - $46.1) / $143.2 = 0.87. A software company acquires a smaller company in order to acquire the patents that it holds. Where will the cost of this ... WebRefer to the income statement above. Luther's return on assets (ROA) for the year ending December 31, 2005 is closest to... A) 24.32% B) 48.64% C) 19.46% D) 1.99% 24.32% Which of the following types of firms does NOT have limited liability? A) limited partnerships B) corporations C) sole proprietorships D) none of the above Sole proprietorships ps5 custom panels for sale

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WebSep 8, 2024 · The quick ratio formula is: Quick ratio = quick assets / current liabilities Quick assets are a subset of the company’s current assets. You can calculate their value this way: Quick assets = cash & cash equivalents + marketable securities + accounts receivable WebUse the table for the question (s) below. Consider the following balance sheet: Luther Corporation's stock price is $39 per share and the company has 20 million shares outstanding. Its Debt −Capital Ratio for 2024 is closest to: Expert Solution Want to see the full answer? Check out a sample Q&A here See Solution star_border Web18) If Luther's accounts receivable were $55.5 million in 2009, then calculate Luther's accounts receivable days for 2009. 19) Luther's EBIT coverage ratio for the year ending December 31, 2008 is closest to: A) 1.64. B) 1.78. C) 1.98. D) 2.19. 20) Luther's EBIT coverage ratio for the year ending December 31, 2009 is closest to: A) 1.64. B) 1. ... ps5 cost in australia