Question
#1 A FIRM'S RATIO IS 1.7 AND ITS QUICK RATIO IS 1.0. IF ITS CURRENT LIABILITIES ARE 11,300, WHAT ARE ITS INVENTORY? #2 IRIS BALANCE
#1 A FIRM'S RATIO IS 1.7 AND ITS QUICK RATIO IS 1.0. IF ITS CURRENT LIABILITIES ARE 11,300, WHAT ARE ITS INVENTORY?
#2 IRIS BALANCE SHEET
ACCOUNTS PAYABLE/ACCRUEDS=65
ACCOUNT RECIEVABLE=58
ACCUMULATED/DEPRECIATION=175
CASH=35
COMMON STOCK=120
FIXED ASSETS(GROSS)=390
INVENTORY=125
LONG-TERM DEBT=200
RETAINED EARNINGS=65
WHAT IS IRIS INC'S TOTAL ASSETS?
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
15th edition
134796551, 134796550, 978-0134796550
