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Question 22 (4 points) Balance Sheet Current assets Cash 870,000 Acc receivable not given Inventories 1,050,000 Fixed aggets 3,220,000 TOTAL ASSETS 6,200,000 Current liabilities Ace
Question 22 (4 points) Balance Sheet Current assets Cash 870,000 Acc receivable not given Inventories 1,050,000 Fixed aggets 3,220,000 TOTAL ASSETS 6,200,000 Current liabilities Ace payable not gaven Long-term debt 1,900,000 Common stack 80,000 Retained earrange 3, 190,000 TOTAL LIAB and EQUITY E200,000 Encome Statement Sales 19,600,000 Operating expense 2 820.000 LEIT 20000 super 256 CON 2008 TED tlet 40 000 REP Sunt What is the fim's quick ratio? 6.93 4.49 4.45 O 0.83 1.28
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