Operating Cash Flow Analysis and Quick Ratio Calculation: Analyze the operating cash flow and calculate the quick
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Question:
- Operating Cash Flow Analysis and Quick Ratio Calculation:
Analyze the operating cash flow and calculate the quick ratio for XYZ Corporation using the following data:
- Net Income: $300,000
- Depreciation Expense: $50,000
- Changes in Working Capital: $20,000
- Current Assets: $400,000
- Inventory: $100,000
- Current Liabilities: $200,000
Posted Date: