{"id":77589,"date":"2018-02-20T23:50:30","date_gmt":"2018-02-20T23:50:30","guid":{"rendered":"https:\/\/writemyessayfree.com\/compute-realtimes-current-ratio"},"modified":"2017-08-18T07:19:34","modified_gmt":"2017-08-18T07:19:34","slug":"compute-realtimes-current-ratio","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/compute-realtimes-current-ratio\/","title":{"rendered":"Compute Realtime\u2019s current ratio"},"content":{"rendered":"<p><a class=\"compute-realtimes-current-ratio\/\"><\/a> <\/p>\n<p>Data TableCash \u2026\u2026.. \u2026 \u2026\u2026.. .. $ 25,000 Accounts payable \u2026\u2026\u2026 $ 103,000Short-term investments \u2026\u2026 32,000 Accrued liabilities \u2026\u2026\u2026 33,000 Accounts receivable, net. . \u2026 85,000 Long-term notes payable\u2026 165,000 Inventories. \u2026.. \u2026.. \u2026\u2026 144,000 Other long-term liabilities\u2026 31,000Prepaid expenses \u2026\u2026\u2026.. 3.000 Net income . \u2026\u2026\u2026\u2026. 91,000 Total assets. \u2026\u2026\u2026\u2026\u2026 679,000 Number of commonShort-term notes payable. \u2026. 48,000 shares outstanding \u2026.. 44,000Page 1<\/p>\n<p>Definition<br \/> 1. Compute Realtime\u2019s current ratio, debt ratio, and earnings per share. (Round all ratios to twodecimal places.)2. Compute the three ratios after evaluating the effect of each transaction that follows.Consider each transactionseparatelya. Borrowed $135,000 on a long-tenn note payable.b. Issued 30,000 shares of common stock, receiving cash of $368,000 .c. Paid short-term notes payable, $29,000.d. Purchased merchandise of $46,000 on account, debiting Inventory.e. Received cash on account, $23,000.<\/p>\n<p>Page 1<br \/> FORMULASCurrent Ratio: Total Assets I Total Liabilities Debt Ratio:Total Liabilities I Total AssetsEarnings per share: Net Income \/ Common shares oustanding<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Data TableCash \u2026\u2026.. \u2026 \u2026\u2026.. .. $ 25,000 Accounts payable \u2026\u2026\u2026 $ 103,000Short-term investments \u2026\u2026 32,000 Accrued liabilities \u2026\u2026\u2026 33,000 Accounts receivable, net. . \u2026 85,000 Long-term notes payable\u2026 165,000 Inventories. \u2026.. \u2026.. \u2026\u2026 144,000 Other long-term liabilities\u2026 31,000Prepaid expenses <a href=\"https:\/\/www.benedictsol.com\/blogs\/compute-realtimes-current-ratio\/\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-77589","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/77589","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=77589"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/77589\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=77589"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=77589"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=77589"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}