Question
Following data is extracted from balance sheet of ABC for the latest period: Cash and cash equivalents 21,120 Short-term investments 20,481 Receivables 16,849 Inventories 2,349
Following data is extracted from balance sheet of ABC for the latest
period:
Cash and cash equivalents 21,120
Short-term investments 20,481
Receivables 16,849
Inventories 2,349
Deferred income taxes 5,546
Other current assets 23,033
Total current assets 89,378
Total current liabilities 80,610
Calculate quick ratio, cash ratio, and current ratio for ABC company
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Get StartedRecommended Textbook for
Public Finance A Contemporary Application of Theory to Policy
Authors: David N Hyman
11th edition
9781305474253, 1285173953, 1305474252, 978-1285173955
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