1 / 3

Grant Film Productions Experience Tradition/tutorialoutletdotcom

FOR MORE CLASSES VISIT<br>www.tutorialoutlet.com<br><br><br>Grant Film Productions wishes to expand and has borrowed $100,000. As a condition for making this loan, the bank requires that the business maintain a current ratio of at least 1.50.<br>Business has been good but not great. Expansion costs have brought the current ratio down to 1.40 on December 15. Rita Grant, owner of the business, is considering what might happen if she reports a current ratio of 1.40 to the bank. One course of action for Grant is to record in December $10,000 of revenue that the business will earn in January of next year. The contract for this job has been signed.<br>

apjk113
Download Presentation

Grant Film Productions Experience Tradition/tutorialoutletdotcom

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Grant Film Productions Experience Tradition/tutorialoutletdotcom FOR MORE CLASSES VISIT www.tutorialoutlet.com

  2. Grant Film Productions Experience Tradition/tutorialoutletdotcom Grant Film Productions wishes to expand and has borrowed $100,000 FOR MORE CLASSES VISIT www.tutorialoutlet.com Grant Film Productions wishes to expand and has borrowed $100,000. As a condition for making this loan, the bank requires that the business maintain a current ratio of at least 1.50. Business has been good but not great. Expansion costs have brought the current ratio down to 1.40 on December 15. Rita Grant, owner of the business, is considering what might happen

  3. Grant Film Productions Experience Tradition/tutorialoutletdotcom

More Related