Re: (VU-Study-Corner) help in ACC501 assignment required

1. Net Working Capital:-
Net Working Capital = Current Assets – Current Liabilities
= 233,000 – 176,000
Net Working Capital = 57,000

2. Current Ratio:-
Current Ratio = Current Assets / Current Liabilities
= 233,000 / 176,000
Current Ratio = 1.32 times

3. Quick Ratio :-
Quick Ratio = Current Assets – Inventory / Current Liabilities
= 233,000 – 120,000 / 176,000
= 113,000 / 176,000
Quick Ratio = 0.64 times

neche walay solution se confirm nahi hun agar koi kr day to
thankssssss alotttt...can anyone confirm me????
1. Accounts Receivables Turnover
For Year 2009:-
Receivables Turnover = Sales / Accounts receivables
= 2,600,000 / 400,000
Receivables Turnover = 6.5 times
For Year 2008:-
Receivables Turnover = Sales / Accounts receivables
= 3,100,000 / 416,000
Receivables Turnover = 7.4 times

2. Collection Period
For Year 2009:-
Collection Period = days / Receivables Turnover
= 30 / 6.5
Collection Period = 4.61 days
For Year 2008:-
Collection Period = days / Receivables Turnover
= 30 / 7.4
Collection Period = 4.05 days

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