Question
Q25 Bronco Electronics' current assets consist of cash, short-term investments, accounts receivable, and inventory. The following data were abstracted from a recent financial statement: Inventory
Q25 Bronco Electronics' current assets consist of cash, short-term investments, accounts receivable, and inventory. The following data were abstracted from a recent financial statement:
| Inventory | $ | 160,000 |
| Total assets | $ | 1,790,000 |
| Current ratio | 4.0 | |
| Acid-test ratio | 2.40 | |
| Debt to equity ratio | 1.5 | |
Required: Compute the current assets for Bronco:
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Development Of Integrated Reporting In The SME SectorCase Studies From European Countries
Authors: Joanna Dyczkowska, Andrea Szirmai Madarasine, Adriana Tiron-Tudor
1st Edition
3030819027, 9783030819026
