Question

HF inc. has the following ratios:

-Current Ratio = 2.5

-Quick Ratio = 1.5

-Cash Ratio = .1

HF Inc. has TOTAL CURRENT ASSETS = $1,200.

*Please fill in the blanks for HF Inc.

Inventory (in dollars) $_________________________________

*Everything but Inventory and Cash

(in dollars) $____________________

PLEASE SHOW WORK TO EXPLAIN

Thank you

Answer #1

**Inventory in dollars : $ 480.**

**Everything but Inventory and Cash in dollars : $
672**

Current ratio = Total Current Assets / Total Current Liabilities = 2.5

Total current liabilities = $ 1,200 / 2.5 = $ 480

Cash ratio = Cash / Total Current Liabilities = 0.1

Cash = $ 480 x 0.1 = $ 48

Quick ratio = ( Cash + Accounts Receivable) / Total Current Liabilities = 1.5

Cash + Accounts Receivable = $ 480 x 1.5 = $ 720

Everything but inventory and cash = $ 720 - $ 48 = $ 672

Inventory = $ 1,200 - $ 720 = $ 480

Your firm has a current ratio of 2.5 and a quick ratio of 1.5
with current assets of $250,000 and an inventory turnover ratio of
12. If cost of goods sold run 55% of sales for your firm and your
profit margin is 6%, what is your firm’s net income?

Comprehensive Ratio Calculations
The Kretovich Company had a quick ratio of 1.5, a current ratio
of 2.5, a day's sales outstanding of 32.0 days (based on a 365-day
year), total current assets of $510,000, and cash and marketable
securities of $110,000.
What were Kretovich's annual sales? Round your answer to the
nearest cent. $

financial ratios Please calculate the following ratios
Current ratio
Debt to asset ratio
Quick ratio
and provide me with a small interpretation on your results

Jacob Inc has the following:
2014 2015 2016
Total
Assets 100 110 120
Current
Liabilities 10 10 10
Current
Ratio 1 2 3
Quick
Ratio 1 2 3
Cash
Ratio .5 1.5 2.5
Debt/Equity
Ratio 1 1.2 1.4
Assume current assets = cash, receivables and
cash.
Based on the above information, Jacob Inc has been able to
increase its Current Ratio, Quick Ratio and Cash Ratio over the
three years. Please explain how it was able to do so? In other
words, what is driving the numbers?
It was able
to ______________________ its __________________ and
put it into _____________________.
Increase, long-term debt, cash
Increase, sales, receivables
Increase,...

Current & Quick Ratios:
Ace Industries has current assets equal to $3 million. The
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Problem 7-12
Comprehensive Ratio Calculations
The Kretovich Company had a quick ratio of 1.5, a current ratio
of 2.5, a days sales outstanding of 33.0 days (based on a 365-day
year), total current assets of $760,000, and cash and marketable
securities of $115,000. What were Kretovich's annual sales? Round
your answer to the nearest cent. Do not round intermediate
calculations.
$

Choice
Hotels
Marriott
International
Ratios
2016
2015
2016
2015
Quick ratio = (cash and cash equivalent +
marketable securities + accounts receivable ) / current
liabilities
1.17
1.36
$
1.19
$
2.58
Acid test ratio = (current assets –
Inventory ) / current liabilities
_
_
_
EBIT = revenue – operating expenses (OPEX)
+ nonoperating income
$
0.07
$
0.14
$17,107.00
$14,486,029
EBITDA = earnings before interest, taxes,
depreciation and amortization
11,542,000
11,705,000
$168,000,000
$139,000,000
Times-interest-earned = EBIT or...

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ratio is 1.5. What is the firm's level of current liabilities? What
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calculations. Round your answers to the nearest dollar.
Current liabilities: $
Inventories: $

Please calculate the following ratios:
Current ratio
debt to asset ratio
quick ratio
EXAMPLE COMPANY
ASSETS LIABILITIES
TOTAL CURRENT ASSETS=89,000 TOTAL CURRENT LIABILITIES =
61,000
INVESTMENT =36,000 TOTAL LONG TERM LIABILITIES = 420,000
PROPERTY,PLANT &EQUIP TOTAL LIABILITIES= 481,000
LAND = 5,500 STOCKHOLDERS EQUITY
LAND IMPROVEMENTS = 6,500 COMMON STOCKS =110,000
BUILDINGS = 180,000 RETAINED EARNING = 220,000
EQUIPMENT = 201,000 ACCUM OTHER COMPREHENSIVE INCOME = 9,000
LESS: ACCUM DEPRECIATION = (56,000) LESS: TREASURY STOCK =
(50,000)
PROP,PLANT,EQUIP NET TOTAL= 337,000...

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