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A firm's long-term assets = $100,000, total assets = $400,000, inventory = $50,000 and current liabilities = $200,000. What are the firm's current ratio and
A firm's long-term assets = $100,000, total assets = $400,000, inventory = $50,000 and current liabilities = $200,000. What are the firm's current ratio and quick ratio? Multiple Choice Current ratio=1.5; quick ratio = 1.25 Current ratio = 2.5, quick ratio = 2.0 Current ratio=1.0, quick ratio = 2.0 Current ratio = 0.5; quick ratio = 1.25 A firm's long-term assets =$100,000, total assets =$400,000, Inventory =$50,000 and current liabilities =$200,000. What are the firm's current ratio and quick ratio? Multiple Choice Current ratio =1.5, quick ratio =1.25 Current rotio =25, quick rotio =20 Current ratio =10, quick ratio =20 Current ratio =0.5, quick ratio =1.25
A firm's long-term assets = $100,000, total assets = $400,000, inventory = $50,000 and current liabilities = $200,000. What are the firm's current ratio and quick ratio? Multiple Choice Current ratio=1.5; quick ratio = 1.25 Current ratio = 2.5, quick ratio = 2.0 Current ratio=1.0, quick ratio = 2.0 Current ratio = 0.5; quick ratio = 1.25
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