CURRENT RATIO Assume cash is $150, short-term marketable securities are $50, accounts receivable are $350, inventories are
Question:
CURRENT RATIO Assume cash is $150, short-term marketable securities are $50, accounts receivable are
$350, inventories are $275, current liabilities are $65, and total liabilities are $100.
Required:
. What is the current ratio?
. What is the quick ratio?
. What is the cash ratio?
Exercises Exercise
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Related Book For 
Cornerstones Of Financial Accounting Current Trends Update
ISBN: 9781111527952
1st Edition
Authors: Jay Rich , Jeff Jones, Maryanne Mowen , Don Hansen
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