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= A firm's long-term assets $70,000, total assets $260,000, inventory - $16,000 and rent liabilities $20,000. What are the firm's current ratio and quick ratio?
= A firm's long-term assets $70,000, total assets $260,000, inventory - $16,000 and rent liabilities $20,000. What are the firm's current ratio and quick ratio? (Round your swer to 1 decimal place.) A) Current ratio - 14.5; quick ratio = 13.7 B) Current ratio = C) Current ratio D) Current ratio 12.0; quick ratio = 11.2 19.5; quick ratio = 18.7 9.5; quick ratio = 8.7
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Financial Information Analysis 2e
Authors: Philip ORegan
2nd Edition
0470865725, 978-0470865729
