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QUESTION 16 Muntazah have a quick ratio of 0.8 and a current ratio of 1.3, they also have 1000BD in current assets, based on this
QUESTION 16 Muntazah have a quick ratio of 0.8 and a current ratio of 1.3, they also have 1000BD in current assets, based on this information what is the company's inventory? A. 384.62 BD B. 301.23 BD C. 400.01 BD D. None of the above QUESTION 18 Which of the following statements is false? O A. A positive cash conversion cycle means the company is paying its payables before receiving its receivables. B. A negative cash conversion cycle means the company is collecting its receivable before paying its payables. C. The cash conversion cycle is the length of time required for the company to recieve its inventory and then receive cash from the sales of its inventory O D. All of the above statements are true
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