How do you calculate the current ratio, debt ratio, and savings ratio?
What will be an ideal response?
Answer: Current ratio is calculated by dividing total current assets by total current liabilities. A ratio of 1.0 will get you by, but a ratio of 2.0 or more is preferred. The debt ratio is determined by dividing total debt or liabilities by total assets. The savings ratio is found by dividing the income available for savings and investments by income available for living expenses.
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If a company sends direct mail to only the zip codes of communities that match the firm's best customer profiles, it is using which type of segmentation?
A) demographic B) psychographic C) geographic D) geodemographic
Shanique wanted a pair of Levis, but ________ didn't have her size
A) it B) they C) the store
The typical activities of project oversight cover two dimensions. Identify those two dimensions and give two examples of activities for each of those dimensions.
Fill in the blank(s) with the appropriate word(s).
What is the optimal order quantity for Kushie's Coffee?
Kushie's Coffee in Bangalore is a quaint establishment nestled near MG Road in the central business district. It serves coffee and fruit cake to a clientele that has been enjoying these products for over fifty years. The demand for coffee beans is 6600 cases per year (each case has 24 ten-pound bags). It would be disastrous for them to run out of coffee, so they keep a safety stock of 30 cases. The cases cost $4800 and it costs $5 per case to order coffee. As coffee is a perishable product, the holding cost is fairly high at $40/case/year. The lead time to receive an order is seven days. Kushie's is open 300 days a year.