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A company has $28,000 in cash in cash equivalent, $88,000 in short term investments, $122,000 in the current receivables, $64,000 in inventory, $14,000 of prepaid
A company has $28,000 in cash in cash equivalent, $88,000 in short term investments, $122,000 in the current receivables, $64,000 in inventory, $14,000 of prepaid insurance and $11,000 of supplies. The total current liabilities of the firm are $304,000. The quick ratio of the company is
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Microeconomics
Authors: Michael Parkin
6th Edition
0321112075, 9780321112071
