ACC 210-Current Position Analysis-The bond indenture for the 10-year

Current Position AnalysisThe 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:1.Current assets:Cash$102,000Temporary investments48,000Accounts and notes receivable (net)120,000Inventories36,000Prepaid expenses24,000Intangible assets124,800Property, plant, and equipment55,200Total current assets (net)$510,000Current liabilities:Accounts and short-term notes payable$96,000Accrued liabilities204,000Total current liabilities300,000Working capital$210,0002.Current ratio1.7$510,000÷$300,0003.Quick ratio1.2$115,200÷$96,000a. Find the errors in the determination of the three measures of current position analysis. Then provide the correct amounts below. If required, round the ratios to one decimal place.Working capital$Current ratioQuick ratiob. Is the company satisfying the terms of the bond indenture?

Calculate the price
Make an order in advance and get the best price
Pages (550 words)
$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Upload your instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with Essay Fountain
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
Testimonials
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
Humanities
Always excellent service, appreciate all the hard work
Customer 452995, January 20th, 2022
Sociology
Thank you, Team I sincerely appreciate your service.
Customer 452919, April 13th, 2022
Nursing
misunderstanding paper was late
Customer 452695, April 2nd, 2021
Nursing
The second attempt was an unplagiarized paper. Thank you
Customer 452545, September 25th, 2020
Marketing
Thank you so much!
Customer 453015, December 13th, 2021
Sociology
Thank you for following the guidelines of discussion. Awesome! Hopefully the grade will be better than the first 2 discussions submitted. I was fearful when I received an email requesting to send a copy of the book. Please remember that I confirmed whether or not you all had access to the book before I submitted my first request for assistance.
Customer 452919, February 1st, 2023
Business Studies
This is fantastic! Thank you so much! Great customer service and help!
Customer 453131, November 15th, 2022
Nursing
Very good service
Customer 453075, April 27th, 2022
Education
Thank you so much!!! Will use this service again highly recommend this site!!!
Customer 452739, May 2nd, 2021
Arts and Applied Science
Thank you, I will provide more details after the discussion is graded.
Customer 452919, February 1st, 2025
Education
I love you guys, yal are the best. Thank you so much !!!
Customer 453117, September 10th, 2022
Nutrition, Hospitality & Human Services
Thank you for your assistance.
Customer 452919, April 13th, 2024
11,595
Customer reviews in total
96%
Current satisfaction rate
3 pages
Average paper length
37%
Customers referred by a friend
OUR GIFT TO YOU
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat