Answer:
profit and loss account
Explanation:
The turnover ratio of total working capital shows the success of working capital management. It is in fact a ratio that expresses how many times on average, during one year, working capital was used to pay the total expenses of the company.
A combination of data from the balance sheet and income statement is obtained, more specifically, it is the ratio of total business spread and average working capital of the company
Answer:
The answer is "Complete but not absolutely right".
Explanation:
In production technique segments, it should first calculate the cost of fuel per mile and afterward measure the depreciation.
Calculating Depreciation:
Answer:
$718,400
Explanation:
For computation of total amount of cash payments first we need to find out the decrease in merchandise, purchases and increases in accounts payable which is shown below:-
Decrease in merchandise = Balance at the beginning of the year - Balance at the end of the year
= $218,000 - $204,200
= $13,800
Purchases = Cost of goods sold - Decrease in merchandise
= $738,000 - $13,800
= $724,200
Increase in Accounts Payable = Accounts Payable balance at the end of the year - Accounts payable at the beginning of the year
= $102,000 - $96,200
= $5,800
Cash paid for merchandise = Purchases - Increase in Accounts Payable
= $724,200 - $5,800
= $718,400
Agriculture describes the practice of growing crops and raising animals.
Option C -Operating Cash Flow = Current Liabilities / Operating Cash Flow s not a correct way of calculating a liquidity ratio.
Liquidity ratios are a measure of a company's ability to settle its short-term payments. A company has the ability to quickly exchange its revenues and is using them to pay his obligations is dictated by its liquidity ratios. The potential to pay back debts and keep engaged on installments is simpler the better the ratio. Since this can vary by industry, and current ratio of 1.0 usually signals that a group's debt do not exceeding its liquid assets. In enterprises in which there is a quicker product changeover and/or shorter payment cycles, ratings below 1.0 may be acceptable.
Absolute liquidity ratio =(Cash + Marketable Securities)÷ Current Liability.
Learn more about Liquidity ratios here:
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