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Topic: Business
Number of pages / Number of words: 2 / 436
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Week Two Check Point: Financial Ratios

Leela Leinius

Axia Collage at University of Phoenix

Week Two Checkpoint 2

Part one:

To determine Current ratio

Total current assets $55,515

Total current liabilities $74,892

$55,515 / $74,892 = .74

This means that GM has $0.74 in current assets f or ever $1 of current liabilities

To determine Debt ratio

Total assets $482,029

Total debt (liabilities) $453,906 plus Minority interests $397 = $454,303

$454,303 / $482,029 = ...


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Week Two Check Point: Financial Ratios

Leela Leinius

Axia Collage at University of Phoenix

Week Two Checkpoint 2

Part one:

To determine Current ratio

Total current assets $55,515

Total current liabilities $74,892

$55,515 / $74,892 = .74

This means that GM has $0.74 in current assets f or ever $1 of current liabilities

To determine Debt ratio

Total assets $482,029

Total debt (liabilities) $453,906 plus Minority interests $397 = $454,303

$454,303 / $482,029 = ...


Essay fragment

General points of the essay

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