Company: Visa Inc.

Item	Amount (in millions)
Cash and Cash Equivalents	$18,210
Accounts Receivable	$9,650
Inventory	$0
Total Current Assets	$35,860
Property, Plant, Equipment	$10,980
Total Assets	$72,000
Accounts Payable	$4,730
Short-term Debt	$1,980
Total Current Liabilities	$18,960
Long-term Debt	$17,440
Total Liabilities	$36,400
Total Equity	$35,600

Questions:

1. Calculate Visa's current ratio.
2. Determine Visa's quick ratio (acid-test ratio).
3. What is Visa’s debt to equity ratio?
4. Compute the working capital of Visa.
5. If Visa had net sales of $24,105 million and cost of goods sold of $7,380 million, what is the inventory turnover ratio?