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please help asap, will upvote! Balance Sheet Current assets Cash 820,000 Acc receivable not given Inventories 1,090,000 Fixed assets 3,400,000 TOTAL ASSETS 6,800,000 Current liabilities
please help asap, will upvote!
Balance Sheet Current assets Cash 820,000 Acc receivable not given Inventories 1,090,000 Fixed assets 3,400,000 TOTAL ASSETS 6,800,000 Current liabilities Acc payable not given Long-term debt 2, 200,000 Common stock 950,000 Retained earnings 3,390,000 TOTAL LIAB and EQUITY 6,800,000 Income Statement Sales 20, 400,000 Operating expense 16,120,000 EBIT 4,280,000. Interest expense 280,000 EBI 4,000,000 Taxes 1,600, 000 Net income 2,400,000 What is the firm's quick ratio? What is the firm's quick ratio? 7.39 5.02 4.15 0.94 1.38 Step by Step Solution
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