Ask Experts Questions for FREE Help !
Ask
    momx0003's Avatar
    momx0003 Posts: 2, Reputation: 1
    New Member
     
    #1

    Aug 20, 2010, 02:53 PM
    given inventories 840,000, total assets 2,800,000, current ratio 2.25, acid test ratio 1.2, debt to equity ratio 1.8.

    need current assets, shareholders equity,noncurrent assets, and long-term liabilities

    given: inventories=840,000, current ratio=2.25, acid test ratio=1.2, debt to equity ratio = 1.8, total assets= 2,800,000

    find current assets, shareholders equity, non current assets, long term liabilities

    Determine the following balance sheet items... current assets, shareholders equity, noncurrent assets, long term liabilities

    The current asset section of balance sheet consists of cash, marketable securities, accounts receivable, and inventories. Inventories=840,000, total assets=2,800,000, current ratio=2.25, acid-test ratio=1.2, debt to equity ratio=1.8.

    Required:
    determine current assets, shareholders equity, noncurrent assets, and long-term liabilities
    Clough's Avatar
    Clough Posts: 26,677, Reputation: 1649
    Uber Member
     
    #2

    Aug 20, 2010, 05:23 PM
    How to solve for unkowns in calcualting ratios?
    Quote Originally Posted by momx0003 View Post
    Determine the following balance sheet items...current assets, shareholders equity, noncurrent assets, long term liabilities
    Hi, momx0003!

    Other than the fact that there's no numerical information to use, are you looking for a direct answer to the problem, or for someone to come along and teach you how to come up with the correct answer yourself, please?

    If the former is true, please click on the following link to read the announcement there.

    https://www.askmehelpdesk.com/financ...-b-u-font.html

    Thanks!
    Clough's Avatar
    Clough Posts: 26,677, Reputation: 1649
    Uber Member
     
    #3

    Aug 20, 2010, 05:33 PM
    Quote Originally Posted by momx0003 View Post
    given: inventories=840,000, current ratio=2.25, acid test ratio=1.2, debt to equity ratio = 1.8, total assets= 2,800,000

    find current assets, shareholders equity, non current assets, long term liabilities
    Hi again, momx0003!

    Please read the information that you'll find via clicking on the following link before you post anymore homework questions.

    https://www.askmehelpdesk.com/financ...-b-u-font.html

    Thanks!
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
    Uber Member
     
    #4

    Aug 20, 2010, 09:13 PM

    Please do not keep posting the same question over and over as this just causes confusion for people. I've merged them all into one post in one place.

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

I have a mirror with 2 Flamingos on it in the corner and it has the numbers 2725/138 [ 2 Answers ]

I have a mirror that has 2 Flamingos in the corner it is very old it was my great grandmother's it has the numbers 2725/138 on the back it is an original but it has no signature on it... I was wondering the value of it.

Whether revision petition is maintainable against the order of summon in 138 NI Act [ 1 Answers ]

Whether any revision petition under section 379 Cr.PC is maintainabte against the order passesd by the Ld Magistrate for summon in 138 NI Act

Home page, favorites work fine, if I do a Google or bing search, r: can't open page [ 1 Answers ]

I.E. Home page is MSN, I can open any link on that and works fine, If I do a new search on Google or bing, get can not open page. I have another computer at home that works fine, have compared settings and all are same. Please help.

Huge Word Doc Too Many Page Sizes - Unable to Change Page Setup [ 8 Answers ]

Windows Vista Microsoft Word 2003 SP3 I've a 298 page word doc which was created by: a) scanned into a PDF document b) using Abbyy FineReader Optical Character Recognition OCR software I turned it into a Word Doc Now, the problem is that while the majority of the Word Doc has paper set to...


View more questions Search