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Assets Current assets Cash Accounts receivable Inventories Total current assets Net fixed assets Net plant and equipment Total assets Jing Foodstuffs Inc. $574 210 616
Assets Current assets Cash Accounts receivable Inventories Total current assets Net fixed assets Net plant and equipment Total assets Jing Foodstuffs Inc. $574 210 616 1,400 1,100 2,500 Balance Sheet December 31" (Millions of dollars) Pellegrini Southern Inc. Pellegrini Southern Inc.'s current ratio is quick ratio is $369 135 396 900 1,100 2,000 Liabilities Current liabilities Accounts payable Accruals Which of the following statements are true? Check all that apply. Notes payable Total current liabilities Long-term bonds Total debt Common equity Common stock Retained earnings and its quick ratio is Note: Round your values to four decimal places. Total common equity Total liabilities and equity Jing Foodstuffs Inc. $0 127 717 844 1,031 1,875 406 219 625 2,500 Pellegrini Southern Inc. $0 0 675 675 825 1,500 325 ; Jing Foodstuffs Inc.'s current ratio is 175 500 2,000 and its Pellegrini Southern Inc. has less liquidity but also a greater reliance on outside cash flow to finance its short-term obligations than Jing
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