saykblahwah4089 saykblahwah4089
  • 02-01-2020
  • Business
contestada

Which of the following account balances would not be included in the calculation of the current ratio?
Accounts receivable
Short-term notes payable

Respuesta :

andromache andromache
  • 03-01-2020

Answer:

Equipment

Explanation:

The formula to compute the current ratio

Current ratio = Current assets ÷ Current liabilities

where,  

The current assets include cash, stock or supplies, account receivable, etc

And, the current liabilities include Short-term note payable + Accounts payable

It always comes in times plus it is a liquidity ratio

The equipment is a long term asset i.e fixed asset

Answer Link

Otras preguntas

Sentence using "preliminary"? Please use an easy one so I can actually draw it, too :PThanks in advance :)
During a recent winter, the ratio of deer to foxes was 7 to 3 in a town. If there was 210 foxes in the town, what was the number of deer in the town?
What is 5.207 as a fraction?
How many 1/10 are in 3?
What part of the cell produces ATP for the blueberry plant to grow? A. Mitochondrion B. Cytoplasm C. Ribosome D. Nucleus
what is the volume of an area? what is a polynomial?
Jim has a box in the shape of a rectangular prism. The area of the base of the box is 48 square inches. The volume of the box is 144 cubic inches. let h= the he
A phone company uses the equation y=0.15x+10 to find y the monthly charge for a customer sending x text messages. How many text messages are sent if the monthly
What is the smallest multiple of 6 and 10
How many “dots” would be around the central atom in the Lewis structure of S? A) 5 B) 6 C) 7 D) 4