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book Corporate Financial Accounting 14th Edition by Carl Warren,James Reeve,Jonathan Duchac cover

Corporate Financial Accounting 14th Edition by Carl Warren,James Reeve,Jonathan Duchac

النسخة 14الرقم المعياري الدولي: 978-1305653535
book Corporate Financial Accounting 14th Edition by Carl Warren,James Reeve,Jonathan Duchac cover

Corporate Financial Accounting 14th Edition by Carl Warren,James Reeve,Jonathan Duchac

النسخة 14الرقم المعياري الدولي: 978-1305653535
تمرين 47
Current position analysis
The bond indenture for the 10-year, 9% debenture bonds issued January 2, 2015, required working capital of $100,000, a current ratio of 1.5, and a quick ratio of 1.0 at the end of each calendar year until the bonds mature. At December 31, 2016, the three measures were computed as follows:
Current position analysis  The bond indenture for the 10-year, 9% debenture bonds issued January 2, 2015, required working capital of $100,000, a current ratio of 1.5, and a quick ratio of 1.0 at the end of each calendar year until the bonds mature. At December 31, 2016, the three measures were computed as follows:     a. List the errors in the determination of the three measures of current position analysis. b. Is the company satisfying the terms of the bond indenture?
a. List the errors in the determination of the three measures of current position analysis.
b. Is the company satisfying the terms of the bond indenture?
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a. Listing of errors in the determinatio...

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Corporate Financial Accounting 14th Edition by Carl Warren,James Reeve,Jonathan Duchac
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