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meadowsoares7
24.02.2020 •
Business
A firm has the following balance sheet information: total assets = $100,000; current assets = $30,000; inventories = $10,000; cash = $5,000; total liabilities = $30,000; current liabilities = $15,000; notes payable = $2,000. What are the firm’s quick and NWC-to-Total-Assets ratios?
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Ответ:
Quick ratio = 1.33, NWC to Total assets = 0.15
Explanation:
Given:
Current assets = $30000
Total assets = $100,000
Inventories = $10,000
Cash = $5000
Total liabilities = $30,000
Current liabilities = $15000
Notes payable = $2000
To calculate firm’s quick asset and NWC-to-Total-Assets ratios, formulas need to be applied:
Quick ratio = (Current assets-inventory)/Current liabilities
= (30000-10000)/15000
= 1.33(Approx)
NWC to total assets = Net working capital/Total assets
NWC=Current Assets-Current liabilities
= (30000-15000) = $15000
Hence NWC to Total assets = (15000/100,000)
= 0.15
Ответ: