48+ calculate the current ratio for wilson trucking

Cash 15 million Marketable securities 20 million. Account Title Debit Credit 6600 16500 2000.

Solved The Following Information Was Drawn From The Balance Chegg Com

Current ratio CA CL Current ratio 9410.

. Web Exercise 3-26 Algo Computing the current ratio LO A1 Use the information in the following adjusted trial balance for the Wilson Trucking Company. Assume that the industry average for the current ratio is 15. Before we calculate the current ratio let us.

Acurrent ratio for Wilson Trucking is 125. NWC CA - CL CA CL NWC CA 5600 3810 CA 9410 So the current ratio is. Account Calculate Current Ratiopng - Use the.

Web Calculate Current Ratiopng - Use the information in the following adjusted trial balance for the Wilson Trucking Company. BAssuming Spalding a competitor has a current ratio of 15Spalding company is better able to pay. Web Current Ratio Current Assets Current Liabilities Example of the Current Ratio Formula If a business holds.

Web Wilson Trucking current ratio current assets26903current liabilities 21500125 However both companies have a current ratio above 1 so they can meet short term. Web Using the formula for NWC we get. Use the information in the following adjusted trial balance for the Wilson Trucking Company.

Totals 365573 5 365573 a Calculate the current ratio for Wilson Trucking b Assuming Spalding to competitor has a current ratio of 15 which company is better. Web Interpret the current ratio for the Wilson Trucking Company.

Solved The Following Is The Adjusted Trial Balance Of Wilson Chegg Com