what was your current ratio (1 Viewer)
- Thread starter Steven12
- Start date
G
Gavvvvvin
Guest
1:0.83
Looks like Im wrong
Looks like Im wrong
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Thomas_wow
Member
- Joined
- Nov 19, 2003
- Messages
- 113
tangibles arent included in the balance sheet im pretty sure. the only time they are used is when you are selling you're business or ofering a prospectus to potential shareholders... (im pretty sure)
thank god, i was so umming and aahhing if inventory was current (flowers, paint etc.) or non-current (long lasting things like cars, machinery that sometimes takes years to sell). i included it as current cause 1:2.5 seemed a little small..
thank god, i was so umming and aahhing if inventory was current (flowers, paint etc.) or non-current (long lasting things like cars, machinery that sometimes takes years to sell). i included it as current cause 1:2.5 seemed a little small..
A Current asset is defined as one that can be converted into cash in less than 6 months (or is it a year). Goodwill cannot be converted into cash in less than 6 months, thus it is not a current asset.
G
Gavvvvvin
Guest
This coming from the person making a thread declaring how correct they were about question 3 =pAcid said:
SuGa BunI =D
broken doo dooo booo
1:1... n im pretty dam sure that its rite keke coz my teacher was doing it too hahha
cn wait til the result lols
cn wait til the result lols