Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Oct 06, 2024

Muntazah have a quick ratio of 0.8 and a current ratio of 1.3, they also have 1000BD in current assets, based on this information what

Muntazah have a quick ratio of 0.8 and a current ratio of 1.3, they also have 1000BD in current assets, based on this information what is the company's inventory? O A. 384.62 BD B. 301 23 BD C. 400.01 BD D. None of the above

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Enterprise Applications And Services In The Finance Industry

Authors: Artur Lugmayr

1st Edition

331928150X,3319281518

More Books

Students also viewed these Finance questions

Question

★★★★★

A stream of oxygen at 65C and 8.3 atm flows at a rate of 250 kg/h. Use the SRK equation of state to estimate the volumetric flow rate of this stream.

Answered: 1 week ago

Question

★★★★★

Standard Quantity or Hours 9.2 grams 9.3 hours 0.3 hours Standard Price or Rate Direct materials Direct labor Variable overhead s3.88 per gram $38.00 per hour 8.80 per hour The company produced 7,000...

Answered: 1 week ago

Question

★★★★★

1. Do you believe that it makes sense for communication scholars to treat the United States as essentially monochronic, or has technology overtaken that perception?

Answered: 1 week ago

Question

★★★★★

Purchases Recorded Gross and Net some of the transactions of Torres Company during August are listed below. Torres uses the periodic inventory method. August 10 Purchased merchandise on account,...

Answered: 1 week ago

Question

★★★★★

b) Sarah, on the other hand, plans to run the restaurant as-is for one year, and then sell it after 2 years. She has projected the following cash flows: The purchase price is $1.4 million, Paying...

Answered: 1 week ago

Question

★★★★★

On March 1, 2015, Piper Co. issued ten-year bonds with a face value of $500,000 and a stated interst rate of 10%, payable semiannually on September 1 and March 1 of each year. The market rate for...

Answered: 1 week ago

Question

★★★★★

Exercise 10-3 [General] You have just graduated from college and been hired as an entry-level accountant in a local CPA firm, Olde, Aged, and Outofit, CPAs. When you arrived on the job, you were...

Answered: 1 week ago

Question

★★★★★

Masipag Company produces a product that undergoes three processes and the completed items at end of process 3 are the items to be sold to customers.. For January 2019, Masipag Company presented the...

Answered: 1 week ago

Question

★★★★★

a) Explain the advantages of using Value Added Statements (VAS) for interdivision for comparisons in decentralized firm. (8 marks) b) TOB Lt. Is a manufacturing company that makes only three products...

Answered: 1 week ago

Question

★★★★★

A histogram is a graphical summary that can be created to help us visualize the shape and distribution of our data set. Histograms deal with numeric data sets, in which values are binned, and plotted...

Answered: 1 week ago

Question

★★★★★

Shiela Company has three investment properties with the following details: Initial Cost, 01/01/21 FV at 01/01/21 FV at 12/31/21 Property 1 2,500,000.00 2,600,000.00 2,725,000.00 Property 2...

Answered: 1 week ago

Previous Question Next Question