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
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
Chapter4: Time Value Of Money
Section: Chapter Questions
Problem 1Q
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