Question
Given the following information, compute the current and quick ratios: Cash $ 100,000 Accounts receivable 392,000 Inventory 470,000 Current liabilities 499,000 Long-term debt 583,000 Equity
Given the following information, compute the current and quick ratios:
Cash $ 100,000
Accounts receivable 392,000
Inventory 470,000
Current liabilities 499,000
Long-term debt 583,000
Equity 589,000
Round your answers to two decimal places.
Current ratio: :1
Quick ratio: :1
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Handbook Of Blockchain Digital Finance And Inclusion
Authors: David Lee, Robert H. Deng
1st Edition
012812282X, 978-0128122822
