Entries by Grace Wahito

Good day, everyone. Class, the current ratio presents the number of dollars of current assets

March 30, 2020 in /by

Good day, everyone. Class, the current ratio presents the number of dollars of current assets to each dollar of current liabilities. The quick ratio, by omitting the less liquid current assets of prepaid items and inventories, measures immediate debt-paying ability. Both the current and quick ratios are used to measure short-term debt-paying ability. Folks, describe […]

 

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Outstanding job. Thank you, all

March 30, 2020 in /by

Outstanding job. Thank you, all. Let’s step another step forward, because earnings per share is a combination of “net income” and “average shares outstanding,” problems in either part affect the outcome. Net income contains many estimates and different methods of calculating expenses and revenues. The number of average shares outstanding varies depending on the number […]

 

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Excellent contributions. Thank you, all. Folks

March 30, 2020 in /by

Excellent contributions. Thank you, all. Folks, “Liquidity” is the short-term ability to convert assets to cash or some form useful for executing transactions (particularly paying off debts). “Solvency” is the long-run ability to pay debts and continue the operations of the business. Well, class, what is the drawback with examining and comparing absolute amounts from […]

 

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