-
What is working capital
it is current assets minuw current liabilites
-
What does working capital measure
the solvency of a company.
-
What is the formula for working capital
Currnent assets - current liabilities = working capital
-
What is the formula for current ratio
currnet assets / current liabilites = current ratio
-
What is the formula for the quick ratio
(cash + net receivables+Marketable securities)/Current liabilites = Quick ratio
-
What are current assets
those resources that are reasonably expected to be realized in cash , sold, or consumed during normal operating cycle of a business or one year, which ever is longer
-
What are some examples of current assets
cash, trading securities, accounts and note receivable, prepaid expenses------there are more
-
What are current liabilities
obligations whose liquidation is reasonably expected to require the use of current assets or the creation of other current liabilites.
-
Obligations for items that have entered the operating cycle should be classified as --------------------------------------
current liabilities
-
What are some types of current liabilites
trade accounts and notes payable, current portions of long term debt, cash dividends payable, accrued liabilites , payroll liabiliteies, taxess payable
-
Under US GAAP a -------------------------- may be excluded from current liabilities and included in noncurrent debt if the compnay intends to refinance it on a long term basis and the intent is supported by the ability to do so as evidanced either by
1. the actual refinanciing prior to the issuance of the financial statements
or
2. the existance of a noncancelable financing agreement from a lender having the financial resources to accomplish the refinanciing
short term obligation
-
Under US GAAP a short term obligation may be excluded from ------------------------- and included in noncurrent debt if the compnay intends to refinance it on a long term basis and the intent is supported by the ability to do so as evidanced either by
1. the actual refinanciing prior to the issuance of the financial statements
or
2. the existance of a noncancelable financing agreement from a lender having the financial resources to accomplish the refinanciing
current liabilities
-
Under US GAAP a short term obligation may be excluded from current liabilities and included in noncurrent debt if the compnay intends to refinance it on a long term basis and the intent is supported by the ability to do so as evidanced either by
1. -----------------------------------------------------
or
2. the existance of a noncancelable financing agreement from a lender having the financial resources to accomplish the refinanciing
the actual refinanciing prior to the issuance of the financial statements
-
Under US GAAP a short term obligation may be excluded from current liabilities and included in noncurrent debt if the compnay intends to refinance it on a long term basis and the intent is supported by the ability to do so as evidanced either by
1. the actual refinanciing prior to the issuance of the financial statements
or
2. ---------------------------------------------------------
the existance of a noncancelable financing agreement from a lender having the financial resources to accomplish the refinanciing
-
Under US GAAP a short term obligation may be excluded from current liabilities and included in noncurrent debt if the compnay intends to --------------- it on a long term basis and the intent is supported by the ability to do so as evidanced either by
1. the actual refinanciing prior to the issuance of the financial statements
or
2. the existance of a noncancelable financing agreement from a lender having the financial resources to accomplish the refinanciing
refinance
-
------------------- is cash that has been set aside for a specific use of purpose.
restricted cash
-
restricted cash is cash that has been set aside for a ----------------------------------------.
specific use or purpose
-
Unrestrited cash is used for all ---------------------
current operations
-
The nature, amount, and timing of restrictions should be disclosed in the --------------------------
footnotes
-
If restricted cash is associated with a current asset or current liability classify as a -------------------- but separate from unrestricted cash
current asset
-
If restricted cash is associated with a current asset or current liability classify as a current asset but separate from -----------------------------
unrestricted cash
-
If the restricted cash is associated with a -------------------------------------------------------------- classify it as a noncurrent asset but separate from either the investments or other assets section
noncurrent asset or noncurrent liability
-
If the restricted cash is associated with a noncurrent asset or noncurrent liability classify it as a -------------------------- but separate from either the investments or other assets section
noncurrent asset
-
If the restricted cash is associated with a noncurrent asset or noncurrent liability classify it as a noncurrent asset but separate from either the --------------------- or ---------------------------- section
investments / other assets
|
|
