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NVIDIA Corporation reported the following financial data as of January 31, 2023: Accounts Amount ($) Cash 7,200,000 Marketable Securities 9,500,000 Accounts Receivable 5,800,000 Inventory 3,700,000
NVIDIA Corporation reported the following financial data as of January 31, 2023:
Accounts | Amount ($) |
Cash | 7,200,000 |
Marketable Securities | 9,500,000 |
Accounts Receivable | 5,800,000 |
Inventory | 3,700,000 |
Accounts Payable | 2,900,000 |
Accrued Liabilities | 1,900,000 |
Common Stock | 20,000,000 |
Retained Earnings | 6,400,000 |
Requirements:
- Prepare a Balance Sheet for NVIDIA Corporation as of January 31, 2023.
- Calculate the Current Ratio.
- Determine the Quick Ratio.
- Analyze NVIDIA's liquidity position.
- Discuss any potential liquidity risks NVIDIA might face.
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