A coporation reported cash of $15,600 and total assets of 179,900 on its balance sheet. Its commen size percent for cash equals
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Qq.59.
Subject :- Account
A coporation reported cash of $15,600 and total assets of 179,900 on its
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- Provide the quick ratio. Given: Current Assets Cash in bank P282,506 Due from related parties - current portion 1,325,607,906 Current Liabilities 1,925,822,542MC Qu. 12-124 The net cash flow provided by.. The net cash flow provided by operating activitles is an Inflow of $37,042, the net cash flow used in Investing activities is $16,831, and the net cash flow used in financing activities is $26,397. If the beginning cash account balance is $11,283, what is the ending cash account balance? Multiple Choice $27.476 ($6.186) $38,759 $5,097Mr. Matagumpay gave to his accountant the following data for the year ended December 31, 2019. P 385,000 175.000 P 210,000 (5,000) (95.000) P110,000 Other Information: Accounts Receivable, 2018 Accounts Receivable, 2019 Accounts Payable, 2018 Accounts Payable, 2019 Inventory Sales Cost of Goods Sold Gross Profit Depreciation Expense Operating Expenses Net Income P 75,000 90,000 45,000 55.000 50,000
- Q16. Use the following information to calculate the net liquid balance: Cash and equivalents $10 Accounts receivable = $30, Inventory = $25, Accounts payable $10, Notes payable = $25 a. $-25 b. $-15 c. $35 d.$70 Q17. Which of the following best characterizes a firm with current assets of $5,000 and current liabilities of $1,000? A.Liquid B.Solvent C.Insolvent D.Unprofitable Q18. which of the following best describes days sales outstanding? A. average time it takes to collect on a credit sale B. average length of time inventoried item is in stock before it is sold C. average length of time it takes to turn a cash outflow into a cash inflow D. average time between receipt of inventory and collection on a credit sale Q20. The ability of a firm to pay its bills on time while remaining a viable entity is referred to as: A.liquidity B. solvency C. cash conversion cycle D.the net liquidity balanceIn reviewing the Accounts Receivable, the Net Cash Realizable Value is __ before a write off of $1500. What is the Net Cash Realizable Value after the write off?a. $16,000b. $1500c. $17300d. $14500Income tac was $300,409 for the year. Income tac payable was $28,102 and $42,997 at the beginning and end of the year,reapectively. Cash payants for income tac reportés on the statement pc cash flots usine the direct method la a. $ 285,514 b. 315,304 c. 300,409 d. 371,508
- Compute for the Required Total Financing or Excess Cash Balance given the following information: Total Cash Receipt = P315,273 , Total Cash Disbursement = P199,200 , Beginning Cash Balance = P25,000 , Required minimum cash balance = 75,000.True or False. 15. Balances of nominal accounts are transferred to the Capital account in the SFP. * 34. Statement of Cash Flows explains the observed difference in the cash balance from the beginning to the end of the period. * 35. The bottom line of the Statement of Cash Flows is equivalent to the cash balance presented on the Statement of Financial Position. * 44. The common-size Statement of Comprehensive Income of Company A and Company B shows net income of 10% and 8%, respectively. Company A is more profitable than Company B. * 28. The capital stock account reports the proceeds from the issuance of the stocks. * 39. Vertical analysis compares the balances of one account over different periods.What is the IRR of the following set of cash flows? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Year 0123 Cash Flow -$ 16,100 6,800 8,100 6,600 IRR %
- A machine with a cost of $143,000 and accumulated depreciation of $98,000 is sold for $56,500 cash. The amount that should be repote investing activities Is: Multiple Cholce Zero. This is a financing activity. $11,500. Zero. This is an operating activity. $56,500. $45,000.8. Compute the acid-test (quick ratio) ratio using the following data: highly liquid assets cash, AR, ST investment A) B) C) D) 1.15 1.24 1.33 1.86 Answer: B Cash Inventory Accounts Receivable Current ratio $115,000 105,000 55,000 2.00Th e three major classifi cations of activities in a cash fl ow statement are: C . revenues, expenses, and net income.