Compute the current ratio for given current liabilities
X Ltd has a Liquid Ratio 7:3, value of stock is Rs 25,000 and its Current Liabilities Rs 75,000. Compute the Current Ratio.
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Let's discuss the difference between bonds and note payable. How do we account for bonds when they are issued a par, at a premium, and out a discount?
Cost of Goods Sold is Rs 2,00,000. Inventory Turnover is 8 times. Stock at the beginning is 1.5 times more than stock at the end. Compute the value of opening and closing stocks.
Compare this report with Exhibit 2-5 and Exhibit 2-6. What is the basic difference in presentation? Bemis Company Report of Independent Registered Public Accounting Firm To the Board of Directors of Bemis Company.
Discussed from the perspective of how any firm operating in the aviation industry might address the requirements of this discussion topic.
ABC Auto Insurance classifies drivers as good, medium or poor risks. Drivers who apply to them for insurance fall into these three groups in the proportions 30%, 50% and 20 respectively.
Current Liabilities of a company are Rs 5,60,000, Current Ratio is 5:2, Quick Ratio is 2:1. Find the value of stock.
Sputter Motors has sales of $3,450,000, total assets of $1,240,000, cost of goods sold of $2,550,000, and an inventory turnover of 6.38. What is the amount of Sputter's inventory?
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