benbeltran4288 benbeltran4288

24-12-2020
Business

contestada

Sheridan Company has current assets of $74000, current liabilities of $100000, long-term assets of $176000 and long-term liabilities of $79000. Sheridan Company's working capital and its current ratio are:

Respuesta :

PiaDeveau PiaDeveau

29-12-2020

Answer:

Current ratio = 0.74 : 1

Working Capital = ($26,000)

Explanation:

Given:

Current assets = $74,000

Current liabilities = $100,000

Find:

Working Capital

Current ratio

Computation:

Working Capital = CA - CL

Working Capital = $74,000 - $100,000

Working Capital = ($26,000)

Current ratio = [CA / CL]

Current ratio = [$74,000 / $100,000]

Current ratio = 0.74 : 1

Answer Link

Otras preguntas

given the center of the circle (-3,4) and a point on the circle (-6,2), (10,4) is on the circletrue or false given the center of the circle (1,3) and a point on

A 1 530-kg automobile has a wheel base (the distance between the axles) of 2.70 m. The automobile's center of mass is on the centerline at a point 1.15 m behind

Write a code segment that takes an emailaddress stored in the string email and stores theuser name in the string user and the hostaddress in the string host. Re

Why do historians identify certain historical events as turning points? A. To highlight the events' historical insignificance B. To explain that developments th

A right rectangular prism has base dimensions of 3 inches by 12 inches. An oblique rectangular prism has base dimensions of 4 inches by 9 inches. If the prisms

What is the appropriate food measurement for men? 3 palm portions of protein, 2 cupped handfuls of carb dense foods, 1. 5 entire thumbs of vegetables, and 1 pal

En la celebración de las Navidades puertorriqueñas, los cabezudos son una tradición de España y son el elemento más importante de la fiesta. A la gente le gusta

2.18 Determine whether each of the following statements is true or false; if false, correct the statement to make it true: (a) The nucleus has most of the mass

To determine your specific impacts on the environment, you can ________. (A)measure local air pollution and its impacts on your health (B)calculate your ecolog

"The entire world is a dreadful collection of memoranda that she did exist, and that I have lost her! Well, Hareton’s aspect was the ghost of my immortal love;