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- Q1
From the uploaded image and audio:
Determine the following, including the interpretation
1. working capital
2. current ratio
3. acid-test(quick asset) ratio
300sABM_FABM12- Ig-h-14 - Q2
these are checks issued by the company , but not yet presented by the payee, to the bank for payment
freetext://outstanding checks
30sABM_FABM12- IId-12 - Q3
Arrange in order, the steps in the preparation of the cash flow statement, given the following statements.
ordering://compute for the ending cash balance|5:present the financing activities|4:place the cash beginning balance|1:present the operating activities|2:present the investing activities|3
30sABM_FABM12-If11 - Q4
State in which financial statements will these account be included?
linking://statement of financial position|notes receivable:income statement|sales:statement of changes in equity|capital beginning:statement of cash flows|operating activities
30sABM_FABM12- Ia-b-1 - Q5
Classify the following assets according to liquidity.
sorting://most liquid|cash: moderately liquid|accounts receivable:slightly liquid|prepaid insurance:not liquid|equipment
30sABM_FABM12- Ig-h-12