subject
Business, 28.05.2020 13:59 dwilburn01

The current ratio for 2014 was 1.70:1 and the acid test ratio was 0.81:1.

Analyse the results calculated in Q6 and using the ratios for 2014, advise Jolly Jewkes on their liquidity position making suitable recommendations for action if required.

Thank you for answering!!!

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 07:30
Jordan, inc. sells fireworks. the company’s marketing director developed the following cost of goods sold budget for april, may, june, and july. april may june july budgeted cost of goods sold $62,000 $72,000 $82,000 $88,000 jordan had a beginning inventory balance of $3,000 on april 1 and a beginning balance in accounts payable of $14,600. the company desires to maintain an ending inventory balance equal to 15 percent of the next period’s cost of goods sold. jordan makes all purchases on account. the company pays 65 percent of accounts payable in the month of purchase and the remaining 35 percent in the month following purchase. required prepare an inventory purchases budget for april, may, and june. determine the amount of ending inventory jordan will report on the end-of-quarter pro forma balance sheet. prepare a schedule of cash payments for inventory for april, may, and june. determine the balance in accounts payable jordan will report on the end-of-quarter pro forma balance sheet.
Answers: 2
question
Business, 22.06.2019 10:30
Issued to the joint planning and execution community (jpec) initiates the development of coas; it also requests that the supported ccdr submit a commander's estimate of the situation with a recommended coa to resolve the situation (joint force command and staff participation in the joint operation planning and execution system, page 10)
Answers: 2
question
Business, 22.06.2019 16:30
Which of the following has the largest impact on opportunity cost
Answers: 2
question
Business, 22.06.2019 18:30
Order these statements in the correct order to fill in the central idea and key points for a chronological speech. question 22 options: there are several steps that someone must take to become a doctor. finally, you will need to get a medical license, and become board certified in your specialty area. then, you must get admitted into to medical school and earn a medical degree. next, you will need to complete a residency. first you must earn a bachelors degree.
Answers: 2
You know the right answer?
The current ratio for 2014 was 1.70:1 and the acid test ratio was 0.81:1.

Analyse the r...
Questions
question
Mathematics, 18.10.2020 21:01
question
Mathematics, 18.10.2020 21:01
question
Mathematics, 18.10.2020 21:01
question
History, 18.10.2020 21:01
Questions on the website: 13722359