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In this problem you have to compute Quick Ratio Sales = 2,000,000 Gross Margin = 880,000 Inventory turnover = 3.5 Current Ratio = 2.2 Current
In this problem you have to compute Quick Ratio
Sales = 2,000,000 Gross Margin = 880,000 Inventory turnover = 3.5 Current Ratio = 2.2 Current Assets = 1,760,000
In this problem you have to compute Quick Ratio
Sales = 2,000,000 Gross Margin = 880,000 Inventory turnover = 3.5 Current Ratio = 2.2 Current Assets = 1,760,000
6.Quick Ratio ( Acid - Test Ratio ) =
(2 Points)
2.0
2.1
1.8
1.9
7.Days' sales in inventory =
(2 Points)
100.4
104.28
98.2
106.5
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