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A firm's long-term assets = $10,000, total assets = $370,000, inventory = $29,000 and current liabilities = $10,000. What are the firms current ratio and
A firm's long-term assets = $10,000, total assets = $370,000, inventory = $29,000 and current liabilities = $10,000. What are the firms current ratio and quick ratio? (Round your answer to 1 decimal place.) Multiple Choice Current ratio = 41.0; quick ratio = 38.1 Current ratio = 38.5; quick ratio = 35.6 Current ratio = 46.0; quick ratio = 43.1
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