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5 questions
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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

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    300s
    ABM_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

    30s
    ABM_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

    30s
    ABM_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

    30s
    ABM_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

    30s
    ABM_FABM12- Ig-h-12

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