Question
Just Do It, Inc. has current assets $50,000, net fixed assets of $200,000, long term liabilities of $100,000, and $100,000 in stockholder equity. All assets
Just Do It, Inc. has current assets $50,000, net fixed assets of $200,000, long term liabilities of $100,000, and $100,000 in stockholder equity. All assets are classified as being either "current assets" or "fixed assets." The firm is in the 40% tax bracket. What is its current ratio?
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Gapenskis Understanding Healthcare Financial Management
Authors: George H. Pink, Paula H. Song
8th Edition
1640551093, 978-1640551091
