Balance sheet Assets (in KD) Liabilities (in KD) Cash 53627 Accounts payable 80000 Accounts receivable 100000 Accrued expenses 100000 Inventory 210000 Notes payables 180000 Property, Equipment, Plants 1500000 Long term borrowings 400000 Less: Amortization 50000 Total liabilities Total equity Total assets Total Liabilities and Total Equity Consider the above balance sheet Calculate the current ratio of this company In the reasons box, comment on the liquidity position of the company Note Use two decimal points in your answer (1.23, 1.58, ) Answer

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter4: Time Value Of Money
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Balance sheet
Assets (in KD)
Liabilities (in KD)
80000
Accounts payable
Accrued expenses
Cash
53627
Accounts receivable
100000
100000
Inventory
210000
Notes payables
180000
Property, Equipment, Plants 1500000
Long term borrowings
400000
Less: Amortization
50000
Total liabilities
Total equity
Total assets
Total Liabilities and Total Equity
Consider the above balance sheet.
Calculate the current ratio of this company
In the reasons box, comment on the liquidity position of the company
Note Use two decimal points in your answer (1.23, 1.58, )
Answer
Transcribed Image Text:Balance sheet Assets (in KD) Liabilities (in KD) 80000 Accounts payable Accrued expenses Cash 53627 Accounts receivable 100000 100000 Inventory 210000 Notes payables 180000 Property, Equipment, Plants 1500000 Long term borrowings 400000 Less: Amortization 50000 Total liabilities Total equity Total assets Total Liabilities and Total Equity Consider the above balance sheet. Calculate the current ratio of this company In the reasons box, comment on the liquidity position of the company Note Use two decimal points in your answer (1.23, 1.58, ) Answer
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