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working capital ratio

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Question

Calculate the working capital ratio based on the following information: cash = $14,870; accounts receivable =

$22,108; prepaid $3,010; supplies = $927; equipment = $62,150; accumulated depreciation = $13,750; accounts payable = 28,000

 
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shareholders

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Question

What business entity makes a special election, is limited by the number of owners, has only one class of stock,

and earnings/losses flows through to its shareholders?

 
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depreciation

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Question

Assume an asset with an original cost of $40,000, and a $6,000 salvage value, depreciated using straight-line

depreciation over 5 years remaining.  After 2 years, the salvage value was modified to a $2,000 salvage value with 5 years of depreciation remaining. What is the new yearly depreciation?

 
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depreciation

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Question

What is the amount of units of production depreciation for an asset that costs $250,000, a salvage value of

$10,000 and is estimated to produce 40,000 units, and produces 6,500 units in the first year?

 
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