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Data pertaining to the current position of Lucroy Industries Inc. are a: Cash $800,000 Marketable securities 550,000 Accounts and notes receivable (net) 850,000 Inventories 700,000
Data pertaining to the current position of Lucroy Industries Inc. are a: Cash $800,000 Marketable securities 550,000 Accounts and notes receivable (net) 850,000 Inventories 700,000 Prepaid expenses 300,000 Accounts payable 1,200,000 Notes payable (short-term) 700,000 Accrued expenses 100,000 1. Compute the following. Round ratios to one decimal place A. Working capital: $ B. Current ratio: ho C. Quick ratio: Points: Final Questions Current Quick Working Capital Transaction Ratio Ratio A S B S D $ E s F S G S H . S
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