Question
duncan inc manufactures apples. the following info has been selected from their recent balance sheet cash 75,000 marketable securities 18000 AR 65,000 Inventory 75,000 prepaid
duncan inc manufactures apples. the following info has been selected from their recent balance sheet
cash 75,000
marketable securities 18000
AR 65,000
Inventory 75,000
prepaid expenses 25,000
total current liabilities 120,000
total liabilities 250,000
stock holders equity 385,000
compute quick assets, and total current assets.
also compute quick ratio, current ratio, and working capital
round answers to 2 decimal places
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Cost Accounting For Managerial Planning Decision Making And Control
Authors: Andrew Schiff, Hsihui Chang, Woody M Liao, James L Boockholdt
5th Edition
0759340412, 978-0759340411
