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1) The quick ratio is 1.0. Current assets are $100,000 and current liabilities are $80,000. What is the amount in the inventory account? 2) Find
1) The quick ratio is 1.0. Current assets are $100,000 and current liabilities are $80,000. What is the amount in the inventory account?
2) Find accounts receivable turnover if a firm has an accounts receivable of $80,000, a total asset turnover of .75, and total assets of $230,000.
3) What is a firms times interest earned if it posts revenues of $200,000, taxes of $35,000, expenses of $100,000, and interest of $30,000
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