Question
Problem 3-1 Calculating Liquidity Ratios [LO 2] SDJ, Inc., has net working capital of $940, current liabilities of $6,700, and inventory of $1,110. What is
Problem 3-1 Calculating Liquidity Ratios [LO 2]
SDJ, Inc., has net working capital of $940, current liabilities of $6,700, and inventory of $1,110. What is the current ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Current ratio times What is the quick ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Quick ratio times
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International Financial Management
Authors: Jeff Madura
7th Edition
0324071744, 978-0324071740
