Scribd Logo
Upload

Welcome to Scribd!

  • Total Current Assets 524 674 355 496 915 904

    Uploaded by

    ANNAMARIE NGUA
    9 views6 pages
    The document shows a company's current assets, current liabilities, working capital, current ratio, and quick ratio for the current period and a previous period. The company's current assets increased from $496.9 million to $524.7 million, while current liabilities increased from $425.9 million to $458.5 million. This resulted in working capital of $66.2 million and a current ratio of 1.14, indicating the company has $1.14 in current assets for every $1 in current liabilities.

    Original Description:

    for abm 2

    Original Title

    accounting pres

    Copyright

    © © All Rights Reserved

    Available Formats

    PPTX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The document shows a company's current assets, current liabilities, working capital, current ratio, and quick ratio for the current period and a previous period. The company's current assets increased from $496.9 million to $524.7 million, while current liabilities increased from $425.9 million to $458.5 million. This resulted in working capital of $66.2 million and a current ratio of 1.14, indicating the company has $1.14 in current assets for every $1 in current liabilities.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    9 views6 pages

    Total Current Assets 524 674 355 496 915 904

    Uploaded by

    ANNAMARIE NGUA
    The document shows a company's current assets, current liabilities, working capital, current ratio, and quick ratio for the current period and a previous period. The company's current assets increased from $496.9 million to $524.7 million, while current liabilities increased from $425.9 million to $458.5 million. This resulted in working capital of $66.2 million and a current ratio of 1.14, indicating the company has $1.14 in current assets for every $1 in current liabilities.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 6

    Total current assets 524 674 355 496 915 904

    Total current liabilities 458 505 510 425 890 279


    LIQUIDITY
    WORKING CAPITAL
    = CURRENT ASSETS – CURRENT LIABILITIES
    CURRENT RATIO
    = CURRENT ASSETS / CURRENT LIABILITIES
    QUICK RATIO
    = CASH & CASH EQUIVALENTS / CURRENT
    LIABILITIES
    WORKING CAPITAL
    = CURRENT ASSETS – CURRENT LIABILITIES

    524 674 355 – 458 505 510 = 66 168 845


    CURRENT RATIO
    = CURRENT ASSETS / CURRENT LIABILITIES

    524 674 355 / 458 505 510 = 1.14


    QUICK RATIO

    You might also like