Webb1. A mid-size retailer has a current ratio of 0.8 and a quick ratio of 0.6. If the retailer reduces its accounts payable by making a cash payment, what will be the effect on the current ratio and quick ratio respectively? Explain your answer. WebbA companys current ratio is 2.2 to 1 and quick (acid-test) ratio is 1.0 to 1 at the beginning of the year. At the end of the year, the company has a current ratio of 2.5 to 1 and a quick ratio of 0.8 to 1. Which of the following could help explain the divergence in the ratios Multiple-Choice questions: a.

The quick ratio of a company is 0.8:1 .state with reason whether …

Webb31 dec. 2024 · Current ratio 3 Quick ratio 2.5 Current liabilities P400,000 Inventory turnover 10X Gross Profit margin is 40% Sister’s net sales for the year were : a. P 2.00 million c. P … Webb13 juli 2024 · The quick ratio measures a company’s capacity to pay its current liabilities without needing to sell its inventory or obtain additional financing. The quick ratio is … do green and purple match

What is a Quick Ratio? Guide with Examples - Deskera Blog

WebbLast year Thatcher Industries had a current ratio of 1.2, a quick ratio of 0.8, and current liabilities of $500,000. Which of the following statements is most correct? a. If the … Webb28 juli 2024 · Ratio analysis is a quantitative technique that helps companies study the company's overall performance within a specific time frame, including all the impairments and inadequacies (Alhanaee, et ... WebbThe Quick Ratio of a company is 0.8 : 1. State with reason whether the following transactions will increase, decrease or not change the quick ratio : (1) Purchase of … failure of the oau