Subject Business Financial Accounting

Question

See Question.pdf

Solution Preview

This material may consist of step-by-step explanations on how to solve a problem or examples of proper writing, including the use of citations, references, bibliographies, and formatting. This material is made available for the sole purpose of studying and learning - misuse is strictly forbidden.

Liquidity Ratio
Current ratio measures the ability of the company to pay its short term liabilities. A current ratio of 2 is considered good. The current ratio of the company is 2.18 which consider well because above 2.
Working capital is a measure of liquidity and overall health of the company. The working capital of the company stood at $1,320 which is indicator of good health of the company.
Quick Ratio measures the company ability to pay its current liabilities only with its quick assets. The ideal acid test ratio is 1, the quick ratio 0.82 which shows the inefficiency of the company to pay off its current liabilities in a short span of time.
Inventory Turnover ratio measures how effectively and efficiently the company has managed its inventory. It shows how many times the company has turned its inventory. The ratio for company is good for and is showing an increasing trend....

This is only a preview of the solution. Please use the purchase button to see the entire solution

Assisting Tutor

Related Homework Solutions

Financial Accounting Questions
Homework Solution
$15.00
Financial
Accounting
Questions
Business
Agency
Company
Flow
Problems
Details
Income
Cash
Ownership
Financial Accounting Problems
Homework Solution
$20.00
Finance
Business
Present Value
Deposit
Annuity
Retirement Plan
Future Value
Interest Rate
Withdrawal
Clients
Companies
Credit Cards
APR
Loans
Financial Accounting Questions
Homework Solution
$45.00
Financial Accounting
Business
Cash
Variables
Costs
Companies
Profit
Machinery
Industry
Projects
Payoff
Market
Tax Rate
Capital
Business Questions
Homework Solution
$100.00
Business
Finance
Economy
Industry
Walmart
Profit
Liquidity
Quick Ratios
Companies
Interest
Stable Degrees
Efficiency
Dollars
Retail Industry
Get help from a qualified tutor
Live Chats