subject
Business, 17.04.2020 01:06 lovelyheart5337

QUESTION 3 The following information pertains to Blue Flower Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. Assets Cash and short-term investments $ 45,000 Accounts receivable (net) 30,000 Inventory 25,000 Property, plant and equipment 210,000 Total Assets $310,000 Liabilities and Stockholders' Equity Current liabilities $ 60,000 Long-term liabilities 95,000 Stockholders' equity common 155,000 Total Liabilities and Stockholders' Equity $310,000 What is the current ratio for this company?

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 23:20
On october 2, 2016 starbucks corporation reported, on its form 10-k, the following (in millions): total assets $14,329.5 total stockholders' equity 5,890.7 total current liabilities 4,546.9 what did starbucks report as total liabilities on october 2, 2016? select one: a. $12,516.7 million b. $6,377.3 million c. $995.0 million d. $8,438.8 million e. none of the above
Answers: 2
question
Business, 22.06.2019 21:10
The blumer company entered into the following transactions during 2012: 1. the company was started with $22,000 of common stock issued to investors for cash. 2. on july 1, the company purchased land that cost $15,500 cash. 3. there were $700 of supplies purchased on account. 4. sales on account amounted to $9,500. 5. cash collections of receivables were $5,500. 6. on october 1, 2012, the company paid $3,600 in advance for a 12-month insurance policy that became effective on october 1. 7. supplies on hand as of december 31, 2010 amounted to $225. the amount of cash flow from investing activities would be:
Answers: 2
question
Business, 22.06.2019 21:50
The third program provides families with $50 in food stamps each week, redeemable for both perishable and nonperishable food. the fourth policy instead provides a family with a box of nonperishable foods each week, worth $50. use two graphs to illustrate that a family may be indifferent between the two programs, but will never prefer the $50 box of nonperishable foods over the $50 in food stamps. state your answer and use a consumer choice model for perishable food and nonperishable food to graphically justify your choice.
Answers: 1
question
Business, 23.06.2019 09:00
Describe at least four ways you can take money out of a checking account
Answers: 2
You know the right answer?
QUESTION 3 The following information pertains to Blue Flower Company. Assume that all balance sheet...
Questions
question
English, 16.04.2021 16:20
question
Biology, 16.04.2021 16:20
question
Mathematics, 16.04.2021 16:20
Questions on the website: 13722363