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

It costs $2.50 to rent bowling shoes. Each game costs $2.25. You have $9.25. Write and solve an equation to find out how many games you can bowl.
What is the formula of Sodium Sulfide? A) Na3S₂ B) NaS₂ C) Na₂S D) Nas
Solve the equation. 1 1 ²x+3-2x = 4+²x+5 4 If necessary: Combine Terms Apply properties: Add Multiply To start over: Subtract Reset Divide​
If I open a business to serve blind people then design the interior to be akin to an obstacle course, am I cruel? I’m graduated so my points are up for grabs ca
the length of a rectangular is one less than twice the width. Find the length + width, if the perimeter is 40
why did el patron save matt’s brain in the first place
At the market, almonds cost $0.51 per ounce. How much does a bag of almonds cost if it weighs 1.6 ounces?
the length of a rectangular is one less than twice the width. Find the length + width, if the perimeter is 40
[tex]\sqrt{x} 180[/tex]
Governments collect taxes to