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Problem 3-1 Calculating Liquidity Ratios [LO2] SDJ, Inc., has net working capital of $2,860, current liabilities of $4,050, and inventory of $3,670. What is the
Problem 3-1 Calculating Liquidity Ratios [LO2]
| SDJ, Inc., has net working capital of $2,860, current liabilities of $4,050, and inventory of $3,670. |
| What is the current ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) |
| Current ratio | times |
| What is the quick ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) |
| Quick ratio | times |
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Free Dollar For College For Dummies
Authors: David Rosen, Caryn Mladen
1st Edition
0764554670, 978-0764554674
