Question
Flying Penguins Corp. has total current assets of $8,755,000, current liabilities of $5,855,000, and a quick ratio of 0.78. How much inventory does it have?
Flying Penguins Corp. has total current assets of $8,755,000, current liabilities of $5,855,000, and a quick ratio of 0.78. How much inventory does it have? (Round answer to nearest dollar, e.g. 5,675.)
| Level of inventory | $ |
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Parimutuel Applications In Finance New Markets For New Risks
Authors: Ken Baron, Jeffrey Lange
1st Edition
1403939500, 9781403939500
