subject
Business, 13.09.2021 16:10 oscargonzalez1991

Requirement 2. Calculate Anderson Production Company​'s net working​ capital, current​ ratio, and debt ratio at December 31. A year​ ago, net working capital was $5,610​, the current ratio was 1.54​, and the debt ratio was 0.31. Indicate whether the​ company's ability to pay its debts—both current and total—improved or deteriorated during the current year. ​(Round your answers to two decimal​ places.) The net working capital is $5,210 . The current ratio is 1.51 . The debt ratio is 0.47 . The ability to pay current liabilities with current assets has deteriorated . The overall ability to pay total liabilities has deteriorated .

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 06:00
Transactions on april 1 of the current year, andrea byrd established a business to manage rental property. she completed the following transactions during april: opened a business bank account with a deposit of $45,000 from personal funds. purchased office supplies on account, $2,000. received cash from fees earned for managing rental property, $8,500. paid rent on office and equipment for the month, $5,000. paid creditors on account, $1,375. billed customers for fees earned for managing rental property, $11,250. paid automobile expenses for month, $840, and miscellaneous expenses, $900. paid office salaries, $3,600. determined that the cost of supplies on hand was $550; therefore, the cost of supplies used was $1,450. withdrew cash for personal use, $2,000. required: 1. indicate the effect of each transaction and the balances after each transaction: for those boxes in which no entry is required, leave the box blank. for those boxes in which you must enter subtractive or negative numbers use a minus sign. (example: -300)
Answers: 1
question
Business, 22.06.2019 09:30
Oliver's company is planning the launch of their hybrid cars. the company has included "never-before-seen" product benefits in the hybrid cars. which type of advertising should oliver's company use for the new cars?
Answers: 1
question
Business, 22.06.2019 17:00
Zeta corporation is a manufacturer of sports caps, which require soft fabric. the standards for each cap allow 2.00 yards of soft fabric, at a cost of $2.00 per yard. during the month of january, the company purchased 25,000 yards of soft fabric at $2.10 per yard, to produce 12,000 caps. what is zeta corporation's materials price variance for the month of january?
Answers: 2
question
Business, 22.06.2019 20:30
The former chairman of the federal reserve, alan greenspan, used the term "irrational exuberance" in 1996 to describe the high levels of optimism among stock market investors at the time. stock market indexes such as the s& p composite price index were at an all-time high. some commentators believed that the fed should intervene to slow the expansion of the economy. why would central banks want to clamp down when the economy is growing? a. to block the formation of unsustainable speculative asset bubbles. b. to curtail excessive profits in the banking system. c. to prevent inflationary forces from gathering momentum. d. all of the above. e. a and c only.
Answers: 3
You know the right answer?
Requirement 2. Calculate Anderson Production Company​'s net working​ capital, current​ ratio, and de...
Questions
question
Mathematics, 18.08.2019 12:10
question
Social Studies, 18.08.2019 12:10
Questions on the website: 13722365