Question
Houtcha Enterprises had revenues of $2,000 last year. Their current ratio was 1.5, and current liabilities were $900, and accruals were $50. Inventory was $360
Houtcha Enterprises had revenues of $2,000 last year. Their current ratio was 1.5, and current liabilities were $900, and accruals were $50. Inventory was $360 and A/R was $250. Use these figures to determine the following account values: Cash, Account Payable, Accruals, and Current Assets
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Finance Plain And Simple
Authors: Sebastian Nokes
1st Edition
0273731297, 978-0273731290
