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liabilty is 97000 (3) Assume that ABC Company has the following current assets and current liabilities: Cash-$50,000, Accounts Receivables= $40.000. Inventory-$75.000, Short-term investments= $20.000. Prepaid
liabilty is 97000
(3) Assume that ABC Company has the following current assets and current liabilities: Cash-$50,000, Accounts Receivables= $40.000. Inventory-$75.000, Short-term investments= $20.000. Prepaid expenses $80,000. Please show calculations for the following: (a) Current Ratio (b) Quick Ratio (c) Bases on the calculations in (a) and (b) what can you conclude about ABC Company?I Step by Step Solution
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Secretarial Audits Under Corporate Laws And Annual Return Certification
Authors: CS Shilpa Dixit And CS Amogh Diwan CS Milind Kasodekar
1st Edition
9389449324, 978-9389449327
