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I have inventory of 840,000 total assets 2,800,000 current ratio 2.25 acid test ratio 1.2 debt to equity ratio 1.8 I need to find out
I have inventory of 840,000 total assets 2,800,000 current ratio 2.25 acid test ratio 1.2 debt to equity ratio 1.8
I need to find out how to calculate current assets( is it 2800000?), shareholders equity , long-term assets and long-term liabilities from above info. I know how to do ratios but do I go backwards to find this info the book doesn't explain this, a little lost.
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