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Cahill's Printing and Publishing has current assets of $3,000,000 (cash of $450,000, notes receivable of $75,000, accounts receivable of $1,050,000, and inventory of $1,425,000) and
Cahill's Printing and Publishing has current assets of $3,000,000 (cash of $450,000, notes receivable of $75,000, accounts receivable of $1,050,000, and inventory of $1,425,000) and current liabilities of $2,250,000. Determine the Current Ratio, the Acid-test Ratio, and evaluate the health of the company
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