Question
A company has current assets of $90,000(of which $36,000is inventory and prepaid items) and current liabilities of $36,000. What is the current ratio? What is
A company has current assets of $90,000(of which $36,000is inventory and prepaid items) and current liabilities of $36,000.
What is the current ratio?
What is the acid-test ratio? 1.5: 1
If the company borrows $16,00
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Fundamentals Of Accounting
Authors: Claudia Gilbertson
10th Edition
1111581169, 978-1111581169
