Windham Corporation has current assets of $440,000 and current liabilities of $550,000. Windham Corporation's current ratio would be increased by: Multiple Choice the purchase of $140,000 of inventory on account. the payment of $140,000 of accounts payable. the collection of $140,000 of accounts receivable. refinancing a $140,000 long-term loan with short-term debt.
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Windham Corporation has current assets of $440,000 and current liabilities of $550,000. Windham Corporation's
Multiple Choice
the purchase of $140,000 of inventory on account.
the payment of $140,000 of accounts payable.
the collection of $140,000 of accounts receivable.
refinancing a $140,000 long-term loan with short-term debt.
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- Justine Company has current assets of P400,000 and current liabilities ofP500,000. Justine Company's current ratio would be increased by: A. The collection of P100,000 of accounts receivable.B. The purchase of P100,000 of inventory on account.C. The payment of P100,000 of accounts payable.D. Refinancing a P100,000 long-term loan with short-term debtKingery Corporation has current assets of $1,800,000 and current liabilities of $750,000. If they pay $250,000 of their accounts payable, what will their new current ration be, given that the current ratio is current assets/current liabilities?Hydra Corporation has current assets of $1,600,000 and current liabilities of $850,000. If they pay $350,000 of their accounts payable what will their new current ratio be?
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- Vigo Vacations has $300 million in total assets, $7 million in notes payable, and $29 million in long-term debt. What is the debt ratio? Do not round intermediate calculations. Round your answer to the nearest whole number.A company has the following items for the fiscal year 2020: Total Equity = 15 million Total Assets = 30 million EBIT = 4 million Interest expense = 1 million Calculate the company’s equity multiplier and interest coverage ratio Write the formula for the following ratios and what each ratio measures: Asset turnover Inventory Turnover and Days Inventory Receivable Collection Period Write down the DuPont framework. How would you explain to your non-MBA non-Finance friend about the DuPont framework and why it is important? A company has the following items for the fiscal year 2020: Revenue = 10 million EBIT = 4 million Net income = 2 million Total Equity = 15 million Total Assets = 30 million Calculate the company’s net profit margin, asset turnover, equity multiplier and ROE Explain cash conversion cycle and why it is important to companies? Is it possible that a company has a negative cash cycle? Is it a good thing or a bad thing? A company has days of inventory 80…c) A company has current assets of $92,000 (of which $37,000 is inventory and prepaid items) and current liabilities of $37,000. What is the current ratio? What is the acid-test ratio? If the company borrows $14,000 cash from a bank on a 120-day loan, what will its current ratio be? What will the acid-test ratio be? (Round answers to 2 decimal places, e.g. 2.50.) Current Ratio enter the ratio rounded to 2 decimal places :1 Acid Test Ratio enter the ratio rounded to 2 decimal places :1 New Current Ratio enter the ratio rounded to 2 decimal places :1 New Acid Test Ratio enter the ratio rounded to 2 decimal places