Question
Morgan's Industrial Park has total assets of $541,700, long-term debt of $201,400, total equity of $306,800, fixed assets of $469,200, and sales of $600,500. The
Morgan's Industrial Park has total assets of $541,700, long-term debt of $201,400, total equity of $306,800, fixed assets of $469,200, and sales of $600,500. The profit margin is 7 percent. What is the current ratio? SHOW YOUR WORK
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Financial Management Of Health Care Organizations
Authors: William N. Zelman, Michael J. McCue, Noah D. Glick
3rd Edition
0470497521, 9780470497524
