Question
Calculate the net working capital, current ratio and quick ratio for the following company, Show your work. Cash$40,000Accounts Receivable$60,000Marketable Securities$20,000Inventory$100,000Property, Plant and Equipment$140,000Total Assets$360,000 Accounts
Calculate the net working capital, current ratio and quick ratio for the following company, Show your work.
Cash$40,000Accounts Receivable$60,000Marketable Securities$20,000Inventory$100,000Property, Plant and Equipment$140,000Total Assets$360,000
Accounts Payable$40,000Accounts Payable$60,000Short Term Notes$100,000Long Term Liabilities$140,000Total Liabilities$340,000
Net working capital = ___________
Current ratio = ____________
Quick ratio= _____________
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Financial Management Theory And Practice
Authors: Eugene Brigham, Michael Ehrhardt, Jerome Gessaroli, Richard Nason
3rd Canadian Edition
017658305X, 978-0176583057
