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Re: None

Monday, 08/21/2017 7:30:38 PM

Monday, August 21, 2017 7:30:38 PM

Post# of 31087
Balance Sheet solvency Test TMPS Has Failed!

In general the current ratio equals ALL CURRENT ASSETS/ALL CURRENT LIABILITIES. When the total current assets are less than total current liabilities, your current ratio is less than 1.00.

Total Current assets = $2,345,956

Total Current Lia. = $11,896,367

Fellow investors the Total current liabilities are 5 times more than current assets.

Insolvency and Bankruptcy – Know the Difference

http://businessecon.org/2014/02/insolvency-and-bankruptcy-know-the-difference/

also look at the other ratio’s

Current ratio

Quick ratio

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