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Given the following Balance Sheet, the current ratio equals: Assets in thousands) Cash 4000 Acts Receivable 1000 Long Term Debt 2000 Facilities & Equip. 5000
Given the following Balance Sheet, the current ratio equals: Assets in thousands) Cash 4000 Acts Receivable 1000 Long Term Debt 2000 Facilities & Equip. 5000 Liabilities (n thousands) Accounts Payable 1000 Total Liabilities 3000 Net Assets: (in thousands) Unrestricted funds 5000 Retained Earnings 1000 Total Liab & Net Assets Total Assets 10000 10 000 5:3
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Money Banking And Financial Markets
Authors: Stephen Cecchetti, Kermit Schoenholtz
3rd Edition
007337590X, 9780073375908
