What is the maximumamount of short term commercial loan, Accounting Basics

+44 141 628 6080
[email protected]

What is the maximumamount of short term commercial loan

A company's policy is to maintain a current ratio of at least 2:1. At present, its current ratio is 2.5:1. If current liabilities at present amounts to 250000 pesos, what is the maximumamount of short term commercial loan that can be obtained by the firm to finance inventory expansion without violating its current policy?

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What is the maximumamount of short term commercial loan

Reference No:- TGS099813

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Accounting Basics

Q : Find the future value one year from now of a $7,00

Find the future value one year from now of a $7,000 investment at a 3% annual compound interest rate. Also calculate the future value if the investment is made for 2 yeaars.

Q : Selective perception and self-serving bias

Effective communication may be hindered by selective perception and self-serving bias. Recommend at least three strategies that will enhance a person's ability to become a better listener.

Q : What are the three major subdivisions of all organisms

What are the three major subdivisions of all organisms?

Q : Find how much money does each person receive

The company looked at their budget and decided that they could spend $198,000,000. How much money does each person receive?

Q : What is the maximumamount of short term commercial loan

Q : Element for the leadership effectiveness

Coaching is an important element for leadership effectiveness and can be used as an approach to motivation. Leaders who develop and practice coaching skills are more likely to have employees who are engaged and performing at higher levels.

Q : How is marketing management both art and science

How is marketing management both an art and a science? What aspects of marketing seem more like art and which ones seems more like a science?

Q : Write a function that converts from miles per gallon

Write a function called convert_mileage that converts from miles per gallon to liters per 100 kilometers.

Q : Write a poem (or rap) about dna and dna replication

Write a poem (or rap) about DNA and DNA Replication

1929474

Questions
Asked

3,689

Active Tutors

1448733

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What is the maximumamount of short term commercial loan

Reference No:- TGS099813

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Find the future value one year from now of a $7,00

Q : Selective perception and self-serving bias

Q : What are the three major subdivisions of all organisms

Q : Find how much money does each person receive

Q : What is the maximumamount of short term commercial loan

Q : Element for the leadership effectiveness

Q : How is marketing management both art and science

Q : Write a function that converts from miles per gallon

Q : Write a poem (or rap) about dna and dna replication

What is bills 2023 deduction for using his car

Prepare journal entries to record the capital contributed

What is the purpose of basic strategies in an organization

What is the primary disadvantage of the objective approach

Find rate of return on mathews investment

Identify the depreciable asset in his business

Shortcut corporation needs to budget its anticipated cash

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What is the maximumamount of short term commercial loan

Reference No:- TGS099813

Recent Questions Asked Accounting Basics

Q : Find the future value one year from now of a $7,00

Q : Selective perception and self-serving bias

Q : What are the three major subdivisions of all organisms

Q : Find how much money does each person receive

Q : What is the maximumamount of short term commercial loan

Q : Element for the leadership effectiveness

Q : How is marketing management both art and science

Q : Write a function that converts from miles per gallon

Q : Write a poem (or rap) about dna and dna replication

Asked Questions