A forensic account dtermines the following facts about a company a Current ratio b Quick ratio c Working capital d Inventory turnover Cash and equivalents $76,000 Receivables 218,000 Current assets 420,000 Current liabilities 240,000 Average inventory 310,000 Cost of Goods Sold 580,000 Advertising ...

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A forensic account dtermines the following facts about a company: a. Current ratio. b. Quick ratio. c.

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A forensic account dtermines the following facts about a company:

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a. Current ratio.

b. Quick ratio.

c. Working capital.

d. Inventory turnover.

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Forensic And Investigative Accounting

ISBN: 9780808017233

3rd Edition

Authors: D. Larry Crumbley

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Question Posted: May 30, 2024 10:07 AM

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A forensic account dtermines the following facts about a company: a. Current ratio. b. Quick ratio. c.

Question:

Cash and equivalents..... $76,000 Receivables........ .218,000 Current assets...... 420,000 Current liabilities...... .240,000 Average inventory.. .310,000 Cost of Goods Sold 580,000 Advertising expenses. .255,000 Calculate the following ratio:

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Forensic And Investigative Accounting

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