Question: 5. Given the following figures what would be the acid test (quick ) ratio for a busincast Cash $70,000 Accounts receivable $60.000 Inventory $55,000 Current

5. Given the following figures what would be the acid test (quick ) ratio for a busincast Cash $70,000 Accounts receivable $60.000 Inventory $55,000 Current liabilities $40.000 a. 345 x b. 255 x G. 3.75.x G. Which of the following would cause a decrease in the met prof muggin, other things being equal? a. An increase in net profit h. A decrease in net profit a A decrease in sales d A decrease in total assets 7. Tomy Led has current sets of $180,000, fined mice of $570 070, and i told anact lurnover of o. What is the company's sales bigent b. 56,000.000 c. $6.300,000 d $6.400,000

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