91Ó°ÊÓ

Ratios are a financial tool used to calculate the relationship among different line items of the financial statements.

$\begin{array}{c}\mathbf{Acid}\mathbf{-}\mathbf{test}\text{ }\mathbf{ratio}=\frac{\mathbf{(}\mathbf{Cash}+\mathbf{Short}\mathbf{-}\mathbf{terminvestments}+\mathbf{Netcurrentreceivables}\mathbf{)}}{\mathbf{Current}\text{ }\mathbf{Liabilities}}\\ =\frac{\mathbf{\$}\mathbf{104}\mathbf{,}\mathbf{000}+\$56,000+\mathbf{\$}\mathbf{108}\mathbf{,}\mathbf{000}}{\mathbf{\$}\mathbf{72}\mathbf{,}\mathbf{000}+\mathbf{\$}\mathbf{128}\mathbf{,}\mathbf{000}}\\ =\frac{\$268,000}{\$200,000}\\ =\text{ }\mathbf{1}\mathbf{.}\mathbf{34}\end{array}$

$\begin{array}{c}\mathbf{\text{´¡³¦³¦´Ç³Ü²Ô³Ù²õ r±ð³¦±ð¾±±¹²¹²ú±ô±ð t³Ü°ù²Ô´Ç±¹±ð°ù r²¹³Ù¾±´Ç}}\mathbf{=}\frac{\mathbf{\text{±·±ð³Ù c°ù±ð»å¾±³Ù s²¹±ô±ð²õ}}}{\mathbf{\text{´¡±¹±ð°ù²¹²µ±ð​â¶Ä‰a³¦³¦´Ç³Ü²Ô³Ù²õ r±ð³¦±ð¾±±¹²¹²ú±ô±ð}}}\\ \mathbf{=}\frac{\mathbf{\$}\mathbf{1}\mathbf{,}\mathbf{168}\mathbf{,}\mathbf{000}}{\mathbf{\$}\mathbf{88}\mathbf{,}\mathbf{000}}\\ \mathbf{=}\mathbf{\text{ }}\mathbf{13}\mathbf{.3}\end{array}$

Working note:

Calculation of average accounts receivable

$\begin{array}{c}\mathbf{A}\mathbf{v}\mathbf{e}\mathbf{r}\mathbf{a}\mathbf{g}\mathbf{e}\mathbf{\text{ }}\mathbf{a}\mathbf{c}\mathbf{c}\mathbf{o}\mathbf{u}\mathbf{n}\mathbf{t}\mathbf{s}\mathbf{\text{ }}\mathbf{r}\mathbf{e}\mathbf{c}\mathbf{e}\mathbf{i}\mathbf{v}\mathbf{a}\mathbf{b}\mathbf{l}\mathbf{e}\mathbf{=}\frac{\mathbf{O}\mathbf{p}\mathbf{e}\mathbf{n}\mathbf{i}\mathbf{n}\mathbf{g}\mathbf{\text{ }}\mathbf{a}\mathbf{c}\mathbf{c}\mathbf{o}\mathbf{u}\mathbf{n}\mathbf{t}\mathbf{s}\mathbf{\text{ }}\mathbf{r}\mathbf{e}\mathbf{c}\mathbf{e}\mathbf{i}\mathbf{v}\mathbf{a}\mathbf{b}\mathbf{l}\mathbf{e}\mathbf{+}\mathbf{C}\mathbf{l}\mathbf{o}\mathbf{s}\mathbf{i}\mathbf{n}\mathbf{g}\mathbf{\text{ }}\mathbf{a}\mathbf{c}\mathbf{c}\mathbf{o}\mathbf{u}\mathbf{n}\mathbf{t}\mathbf{s}\mathbf{\text{ }}\mathbf{r}\mathbf{e}\mathbf{c}\mathbf{e}\mathbf{i}\mathbf{v}\mathbf{a}\mathbf{b}\mathbf{l}\mathbf{e}}{\mathbf{2}}\\ \mathbf{=}\frac{\mathbf{\$}\mathbf{68}\mathbf{,}\mathbf{000}\mathbf{+}\mathbf{\$}\mathbf{1}\mathbf{,}\mathbf{08}\mathbf{,}\mathbf{000}}{\mathbf{2}}\\ \mathbf{=}\mathbf{\$}\mathbf{88}\mathbf{,}\mathbf{000}\end{array}$

$\begin{array}{c}\mathbf{\text{¶Ù²¹²â s²¹±ô±ð²õ r±ð³¦±ð¾±±¹²¹²ú±ô±ð}}\mathbf{=}\frac{\mathbf{365}}{\mathbf{\text{´¡³¦³¦´Ç³Ü²Ô³Ù²õ r±ð³¦±ð¾±±¹²¹²ú±ô±ð t³Ü°ù²Ô´Ç±¹±ð°ù r²¹³Ù¾±´Ç}}}\\ \mathbf{=}\frac{\mathbf{365}}{\mathbf{13}\mathbf{.3}}\\ \mathbf{=}\mathbf{27}\mathbf{.44}\mathbf{\text{ d²¹²â²õ}}\end{array}$