Following information is given for NizCol LLCa small firm situated in Nizwa: All figures are in OMR Current Assets = 500 Current Liabilities = 250 What is the Current Ratio ?
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- Alex is currently considering to invest his money in one of the companies betweenCompany A and Company B. The summarized final accounts of the companies for theirlast completed financial year are as follows: (please refer to the images) Required:a. Calculate the following ratios for Company A and Company B. State clearly theformulae used for each ratio:iv. Receivables Collection Period (days)v. Payables Payment Period (days)vi. Current Ratiovii. Quick Ratio + Comment on each of the ratios calculated in part (a) above.Southwestern Industries has the following selected data ($ in millions): Balance sheet data Total assets Total liabilities Total stockholders' equity Income statement data Sales. Interest expense Income tax expense Net income 2024 1. Debt to equity ratio 2. Return on assets ratio 3. Times interest earned ratio $2,700 1,950 750 $750 80 30 95 2023 Required: Based on these amounts, calculate the following ratios for Southwestern Industries in 2024: (Round your answers to 2 decimal places.) % times $2,100 1,100 1,000SDJ Inc., has net working capital of $1165, current liabilities of $6,775 and inventory of $1185 a What is the current ratio? b What is the quick ratio? (do not round intermediate calculations and round your answer to 2 decimal places
- Surf’s Up, a manufacturer of surfing supplies and training equipment, has the following selected data ($ in millions):Based on these amounts, calculate the following ratios for 2021: 1. Debt to equity ratio. 2. Return on assets ratio. 3. Times interest earned ratio.The financial statements of Dandy Distributors Ltd. are shown on the "Fcl. Stmts." page. 1 Based on Dandy's financial statements, calculate ratios for the year ended December 31, 2020. Assume all sales are on credit. Show your work. 2 From these ratios, analyze the financial performance of Dandy.Resolve and explain the result of the current ratio for XYZ Company and compare andexplain this result with the Industry average, where current liabilities = $581,000 andcurrent assets = $832,000. a. Resolve the current ratio for XYZ Company b.Explain the result of the current ratio for XYZ Company c.Compare and explain the result of the current ratio for XYZ Company with the Industryaverage.
- es Selected financial data regarding current assets and current liabilities for Princess's Line, a competitor in the cruise line industry, is provided: ($ in millions) Current assets: Cash and cash equivalents Current investments Net receivables Inventory Other current assets Total current assets Current liabilities: Accounts payable Short-term debt Other current liabilities Total current liabilities Current Ratio Required: 1. Calculate the current ratio and the acid-test ratio for Princess's Line. (Enter your answers in millions, not in dollars. For example, $5,500,000 should be entered as 5.5.) Accounts in Ratio Acid-Test Ratio Accounts in Ratio Amounts Amounts 11 $403 82 271 96 125 $977 11 $1,061 644 969 $2,674Southern Style Realty has total assets of $485,390, net fixed assets of $250,000, current liabilities of $23,456, and long-term liabilities of $148,000. What is the total debt ratio? Can you provide the formula?The following information is taken from the balance sheet of Atlanta Company: Current assets $ 1,215 Current liabilities $ 810 Property, Plant & Equip. 1,760 Noncurrent liabilities 790 Total assets $ 2,975 Total liabilities $ 1,600 What is Atlanta Company's current ratio?
- Accounting Shane, Inc., has net working capital of $2,560, current liabilities of $5,950, and inventory of $1,350. What is the quick ratio? (Round your answer to 2 decimal places (e.g., 3.16).)The following is selected financial data from Block Industries: How much does Block Industries have in current liabilities? A. $19,800 B. $18,300 C. $12,300 D. $25,800Marriott International, Inc., and Hyatt Hotels Corporation are two major owners and managers of lodging and resort properties in the United States. Abstracted income statement information for the two companies is as follows for a recent year (in millions):Please see the attachment for details:1. Determine the following ratios for both companies, rounding ratios and percentages to one decimal place:a. Return on total assetsb. Return on stockholders’ equityc. Times interest earnedd. Ratio of total liabilities to stockholders’ equity2. Based on the information in (1), analyze and compare the two companies’ solvency and profitability.
