A company with current assets of ($50) million, current liabilities of ($30) million, and inventory of ($10)

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A company with current assets of $$50$ million, current liabilities of

$$30$ million, and inventory of $$10$ million has a current ratio and quick ratios, respectively, of:

A. 2 and 1.

B. 2 and 1.33.

C. 1.67 and 1.33.

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Analysis Of Financial Statements

ISBN: 9781118299982

3rd Edition

Authors: Frank J. Fabozzi, Pamela Peterson Drake

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Question Posted: Apr 25, 2024 03:32 AM

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A company with current assets of ($50) million, current liabilities of ($30) million, and inventory of ($10)

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Analysis Of Financial Statements

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