1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Black_prince [1.1K]
4 years ago
9

Windsor, Inc. reported the following selected information at March 31. 2017 Total current assets $234,000 Total assets 440,000 T

otal current liabilities 292,500 Total liabilities 369,600 Net cash provided by operating activities 64,000 Calculate the current ratio, the debt to assets ratio, and free cash flow for March 31, 2017. The company paid dividends of $12,000 and spent $26,000 on capital expenditures. (Round current ratio and debt to assets ratio to 2 decimal places, e.g. 15.25. If answer is negative enter it with a negative sign preceding the number e.g. -15,000 or in parentheses e.g. (15,000).)
Business
1 answer:
iren [92.7K]4 years ago
8 0

Answer:

The current ratio, the debt to assets ratio, and free cash flow for March 31, 2017 is 0.8 : 1, 90.20%, $26,000 respectively.

Explanation:

Current ratio = Current assets ÷ current liabilities

                     = $234,000 ÷ $292,500

                     = 0.8 : 1

Debt ratio = Total liabilities ÷ Total assets

                 = $369,600 ÷ $440,000

                  = 90.20%

Free cash flow = Net cash provided by operating activities  - dividend paid - capital expenditure

= $64,000 - $12,000 - $26,000

= $26,000

You might be interested in
Revenue is recognized in the accounting period in which the performance obligation is satisfied. This statement describes thea)
melomori [17]

Answer:

This statement describes. c) revenue recognition

Explanation:

The revenue recognition principle states that one should only record revenue when it has been earned, not when the related cash is collected.

6 0
3 years ago
The executives for New Haus LLC set the retail objective for the company. These objectives are broken down in order to create th
yaroslaw [1]

Answer:

Top-down planning

Explanation:

Top-down planning  -

It refers to the method planning , where the goals are bifurcated and placed according to the hierarchy from top to bottom , is referred to as top - down planning .

As breaking and arranging the goals , make the process to accomplish the goals in a better manner .

The process require the movement from higher level to lower level , in a very orderly manner to hasten the process .

Hence , from the given scenario of the question ,

The correct answer is Top-down planning .

4 0
3 years ago
Which type of loan requires that you pay the interest accumulated during college?
butalik [34]
B. the subsidized federal loan /////////////////////

7 0
3 years ago
Read 2 more answers
If a company wished to alter a product's platform so that the product could be manufactured in a variety of forms, to meet local
kirill115 [55]

Answer:

Core components

Explanation:

In the product component model, the core component is the area concerned with what satisfies the needs and wants of customers.

If a company wishes to meet local differences in five foreign markets like un the question stated above, the core components contains what the customers in each of those five foreign markets are interested in.

The core components vary between markets. Market A, may like the color of the product in red and market B may like the color of the product in blue. So identifying these things and satisfying the needs of the customers would be done in the core component.

4 0
3 years ago
When ships carrying imported goods arrive at U.S. ports, customs officers are responsible for inspecting the goods and determini
azamat
I think The answer is b
3 0
3 years ago
Other questions:
  • Select the correct text in the passage. Which sentence in the passage shows hazards that an office worker is likely to face? Owe
    12·1 answer
  • A television commercial advertises that a certain type of battery will last, on the average, 20 hours longer than twice the life
    9·1 answer
  • An example of an external document that provides reliable information for the auditor is​ a(n) A. purchase order for company pur
    12·1 answer
  • Bean​ Brewers, Inc., a manufacturer of coffee​ makers, had the following​ activities, allocated​ costs, and allocation​ bases: A
    12·1 answer
  • What is the maker movement? (A) Systems used to create the digital designs and then manufacture the products.(B) Serialization o
    5·1 answer
  • If a partnership is liquidated, how is the final allocation of business assets made to the partners? Group of answer choices
    12·1 answer
  • Gig Harbor Boating is the wholesale distributor of a small recreational catamaran sailboat. Management has prepared the followin
    9·1 answer
  • Business Solutions sells upscale modular desk units and office chairs in the ratio of 3:2 (desk unit:chair). The selling prices
    9·1 answer
  • How do you feel about the pandemic? Vaccinations? Masks?
    13·2 answers
  • At a recent stockholders meeting for Ignate Inc., a group of stockholders expressed disagreement with the way that the managers
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!