Question
Current Liabilities- $360,000.00 Quick Ratio- 2.65 Current Ratio- 4.75 Cash- $550,000.00 # of times inventory is sold and re-stocked(inventory T/O ratio) 7.25 1) Calculate the
Current Liabilities- $360,000.00
Quick Ratio- 2.65
Current Ratio- 4.75
Cash- $550,000.00
# of times inventory is sold and re-stocked(inventory T/O ratio) 7.25
1) Calculate the total annual sales of the company
a- 550,000
b- 1,710,000
c- 5,481,000
d- 435,000
2) Find the Days Sales Outstanding:
a- 26.9
b- 35.5
c- 10.0
d- 40.0
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The Meaningful Money Handbook
Authors: Pete Matthew
1st Edition
0857196510, 978-0857196514
