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A balance sheet statement as of December 20200000) is given below: ASSETS (2000) Cash 3809 Short-term investment 323 Account's receivables 2608 Inventories 391 Other 550
A balance sheet statement as of December 20200000) is given below: ASSETS (2000) Cash 3809 Short-term investment 323 Account's receivables 2608 Inventories 391 Other 550 Property, Plant & Equipment 765 Long-term investment 1048 Equity, securities and Other investment 1673 Goodwill and others 304 CURRENT LIABILITIES Accounts payable 3538 Other 1654 Long-term debt 508 Other 463 STOCKHOLDERS EQUITY Preferred stock nil Common stock 3583 Retained eaming 1260 Other 465 a) Compute the company's: 1) Current asset 2) Current liabilities 3) Current ratio (current asset/curent liabilities) 4) Debt ratio (total debt total assets) 5) Quick ratio [(current assets - inventories)/cutent liabilities] b) From the results above, discuss the financial position of the company
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