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A firm has the following balance sheet information: total assets = $ 1 0 0 , 0 0 0 ; current assets = $ 3

A firm has the following balance sheet information: total assets =$100,000; current assets =$30,000;
inventories =$10,000; cash =$5,000; total liabilities =$30,000; current liabilities =$15,000; notes payable =
$2,000. What are the firm's quick and NWC-to-Total-Assets ratios?
a.1.00 and .13
b.1.33 and .13
c.1.00 and 15
d.1.33 and .15
Using the following information, determine the average monthly net cash burn rate: annual net income =
$20,000; annual interest =$10,000; annual cash build =$200,000; and annual cash burn =$272,000.
a. $1,000
b. $3,000
c. $6,000
d. $9,000
e. $10,000
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