Question
Invesco QQQ Trust has accounts payable of $2,421, inventory of $11,650, cash of $1,326, fixed assets of $9,000, accounts receivable of $3,790, and long-term
Invesco QQQ Trust has accounts payable of $2,421, inventory of $11,650, cash of $1,326, fixed assets of $9,000, accounts receivable of $3,790, and long-term debt of $4,400. What is the value of the net working capital to total assets ratio? O 0.4949 0.5028 0.5228 0.5567 O 0.5789
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Step 15 Current Assets Inventory Cash Accounts receivable 11650 1326 3790 16766 Step 25 ...Get Instant Access to Expert-Tailored Solutions
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Financial Analysis with Microsoft Excel
Authors: Timothy R. Mayes, Todd M. Shank
7th edition
1285432274, 978-1305535596, 1305535596, 978-1285432274
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