Maurice Tutor

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About Maurice Tutor

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Expertise:
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Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 401 Weeks Ago, 3 Days Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 16 Aug 2017 My Price 9.00

Kellman Company

Liquidity Ratios

e5A. BuSINESS AppLICATION ▶ The accounts and balances that follow are from Kellman Company’s general ledger. Compute the (1) working capital and (2) current ratio. (Round to one decimal place.)

 

 

Accounts Payable

$13,280

Accounts Receivable

8,160

Cash

1,200

Current Portion of Long-Term Debt

8,000

K. Kellman, Capital

22,640

Long-Term Investments

8,320

Marketable Securities

10,080

Merchandise Inventory

20,320

Notes Payable (90 days)

12,000

Notes Payable (2 years)

16,000

Notes Receivable (90 days)

20,800

Notes Receivable (2 years)

8,000

Prepaid Insurance

320

Property, Plant, and Equipment

48,000

Property Taxes Payable

1,000

Salaries Payable

680

Supplies

280

Unearned Revenue

600

Answers

Maurice Tutor
(5)
Status NEW Posted 16 Aug 2017 10:08 PM My Price 9.00

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