d2jsp
Log InRegister
d2jsp Forums > Off-Topic > General Chat > Homework Help > Accounting Question
Add Reply New Topic New Poll
Member
Posts: 19,452
Joined: Jun 8 2006
Gold: Locked
Warn: 40%
Mar 10 2014 03:45pm
What is the ratio of current liabilities to total liabilities?

On the balance sheet, there are

current liabilities of $24,364
total current liabilities of $92,030
total liabilities $13,644

How would i calculate the ratio?


Member
Posts: 5,677
Joined: Dec 18 2007
Gold: 296.00
Mar 10 2014 04:10pm
I believe something is wrong with your data.

Total liabilities of 13,644 are lower than the parts that make it (total = current liabilities + non current). This would mean that non current liabilities are negative.

Anyway, assuming that the data above is "correct": your ratio = current liabilities / total liabilities = $24,364 / $13,644 = 178% = this does not make any sense


maybe your question is about current ratio, but it is something completely different
Go Back To Homework Help Topic List
Add Reply New Topic New Poll