The MARKFED has high level of members, turnover, current assets and current liabilities
than HAFED whereas the HAFED has high level of fixed assets, investments, own funds and long-term loans than MARKFED.
A current ratio of approximately 1.0, which would indicate that the company is barely able to cover current liabilities
, does not necessarily indicate a weak liquidity position if the company manages its working capital with such precision that the inflows of cash can be matched with the required outflows of cash.
Instructors who wish to consider how Bon Ton would compare to TJX and Wal-Mart on an alternative liquidity measure could introduce the ratio of operating cash flows to current liabilities
, calculated as follows:
Based on them it can be defined how much company is in charge and if there is possibility for new debt and shows whether the company is able to manage its current liabilities
(Brealey et al., 2007, p.
are short-term debts due to be settled within the next year and further details are usuallyg given in the notes.
However, the current assets (the A/R balance) should be 6 and the current liabilities
should be 4.
Based on definitions applied by state and local governments, in the early 1990s total assets of PERS covered more than 80 percent of total liabilities, which are calculated to include current liabilities
plus liabilities based on assumed future salary and service increases up to retirement.(10) Governments expect to exist indefinitely and therefore include the stream of future benefits in this calculation.
As of June 30, the company had current assets of $9.1 million and current liabilities
of $3.2 million, including $0.8 million of short-term debt.
Assuming that the change in your long-term debt is only a reduction due to principal payments, the current liabilities
must be sufficient for the balance sheet to balance.
This divestiture is being done by way of slump sale and includes all related fixed assets, current assets, current liabilities
, and its employees.
NET 41,678 OTHER ASSETS Security deposits 2,350 TOTAL ASSETS $1,473,091 LIABILITIES AND NET ASSETS CURRENT LIABILITIES
Accounts payable $41,569 Accrued wages 31,481 Accrued vacation 27,337 Deferred consortium and membership dues 351.920 Total Current Liabilities
$452,307 LONG-TERM LIABILITIES Postretirement health benefits obligations $150,187 NET ASSETS Unrestricted net assets 852,776 Temporarily restricted net assets Life members net assets 17.821 Total Net Assets $1,112,831 TOTAL LIABILITIES AND NET ASSETS $1,473,091 TOTAL REVENUE $1,693,128 TOTAL EXPENSES $1.935.362 REVENUE OVER EXPENSE AND SUPPORT $(242,234)