FIN570 Final Exam Latest 2024

biologyart-design

1. Consider the following data for Company Y (12 points):

Balance Sheet

Balance Sheet as of:

Dec-31-2018 Dec-31-2019 Currency Million USD Million USD

ASSETS

Cash and Equivalents 25.0 17.0 Total Cash & ST Investments 25.0 17.0 Accounts Receivable 17.0 - Other Receivables - - Total Receivables 17.0 - Inventory 25.0 38.0 Total Current Assets 67.0 55.0

LIABILITIES

Accounts Payable 150.0 152.0 Accrued Exp. 25.0 35.0 Current Portion of LT Debt 2.0 1.0 Current Portion of Leases 1.2 1.5 Total Current Liabilities 178.2 189.5 Compute this company’s current ratio, quick ratio and cash ratio in 2018 and 2019. Just do the calculation and keep the answers to two decimal points; there is no need to discuss anything. (12 points) (2 points per answer) 2018 2019 Current Ratio Quick Ratio Cash Ratio NOTE - The answer cells must remain in B 29/30/31 and C 29/30/31. You may show live formula in the designated answer cells above or lay out your work in the space below in order to receive credit.

8,050views
4.7
(287 ratings)

Related Study Guides

Interpreting financial statements | FNCE 3001 - Financial Management | Walden University - Minneapolis, MN

Interpreting Financial Statements marlon0510 Interpreting Financial Statements You will remember from the Week 1 Assignment that Medi-Supply is a small but growing company that sells medical devices t...

statisticsfinance

Biology Questions & Answers | Solutioninn.com

4. A 12 kb linear DNA fragment is subject to single or double RE digest and agarose gel electrophoresis, to yield the gel profile shown below. The first lane contains the size marker (M). M... In this...

biologyart-design

BSC2087 | General Health Care in Health Care - Rasmussen university

BSC2087 Human Anatomy and Physiology I Module 1 Lab Assessment Question 1The mouth is ___ to the nose. Superior Superficial Lateral Inferior Question 2Which type of tissue is shown here? Bone tissue E...

anatomy-physiologybiology

Computer network Questions & Answers | Solutioninn.com

1. You have a small business that is divided into 3 departments: Accounting, Sales, and Administration. These departments have the following number of devices (computers, printers, etc.):... Need to d...

art-designbiology

Organizational behavior Questions & Answers | Solutioninn.com

1. This question is a long free-response question. Show your work for each part of the question. Vo t =t Rocket X reaches its maximum height t = 0 t = t2 Rocket X reaches the ground Rocket X is... Sup...

art-designorganizational-behavior

Programming Questions & Answers | Solutioninn.com

8. Area of Triangle You are given 3 sets of coordinates that form a triangle. Write code to find the area of the triangle enclosed by those coordinates. For example, the 3 points have coordinates... T...

art-designstatistics

SCIENCE 132Week 7 Quiz 9.0/ 9.0 Points - SCIENCE 132 - Stuvia US

SCIENCE 132Week 7 Quiz 9.0/ 9.0 Points Week 7 Quiz Return to Assessment List Comment:I have finished grading your quiz. Please see the individual questions for feedback and let me know if you have any...

biologyhuman-resources

[SOLVED] Owen and Sonja Cornell are married. They are the parents of | SolutionInn

Question: Owen and Sonja Cornell are married. They are the parents of two children: Kirsten (born on July 1, 2000) and Ingrid (born on May 17, Owen and Sonja Cornell are married. They are the parents...

art-designbiology

Need Help With A Similar Question?

Our experts deliver perfect solutions with guaranteed A+ grades

A+
Student Grade
98%
Success Rate
12h
Delivery Time
Join 1,000+ students who got their perfect solutions
Rated 4.9/5 by satisfied students

Need Help With This Question?

Academic Expert

Subject Matter Specialist

98%
Success Rate
24/7
Support

Why Students Trust Us

  • PhD-Level Expertise
  • Original Work Guarantee
  • Better Grade or Free

"Got an A+ on my assignment. Exactly what I needed!"

— Recent Student