Question
A firm has the following account balances and a .83 quick ratio. What is the firm's Accounts Receivable balance? Cash $3,600,000 Inventory $4,200,000 Fixed Assets
A firm has the following account balances and a .83 quick ratio. What is the firm's Accounts Receivable balance?
Cash $3,600,000
Inventory $4,200,000
Fixed Assets $32,000,000
Current Portion of Long Term Bonds $4,400,000
Accounts Payable $6,600,000
Long Term Bonds $30,000,000
$ 0
$5,500,000
$1,300,000
$1,900,000
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Practical Finance For Property Investment
Authors: Craig Furfine
1st Edition
036733304X, 978-0367333041
