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Deadbeat Drums recently posted the following balance sheet information: Cash $5,000 Accounts Receivable $25,000 Inventory $42,000 Property, Plant and Equipment $75,000 Natural Resources $10,000 Intangible
Deadbeat Drums recently posted the following balance sheet information:
| Cash | $5,000 |
| Accounts Receivable | $25,000 |
| Inventory | $42,000 |
| Property, Plant and Equipment | $75,000 |
| Natural Resources | $10,000 |
| Intangible Assets | $25,000 |
| Accounts Payable | $35,000 |
| Long Term Debt | $62,000 |
| Stockholder's Equity | $85,000 |
What is the companys Current Ratio?
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Restaurant Financial Management
Authors: Hyung-il Jung
1st Edition
1774631431, 978-1774631430
