Questions 10,11,12

MSU My Library My Car Question Completion Status: QUESTION 10 A firm has a current ratio of 3.5 and current liabilities of $500,000. What is the firm's level of current assets? A firm has a current ratio of 3.5 and current liabilties of $500,000. What is the firm's level of current assetsi O a. $1,750,000 O b.51,000,000 C.$500,000 Od.$142,857 QUESTION 11 1 points Save Ans A firm has cash and equivalents of $200,000, accounts receivable of s60,000, inventory of $100,000, and accounts payable of $300,000. What s 0 a,-$240,000 O b. $60,000 O c. $ 140,000 the firm's working capital requirement? d.-$140,000 QUESTION 12 1 points Save Ans A firm has an operating cycle of 60 days, days payable outstanding of cycle? le of 60 days, days payable outstanding of 20 days, and days' inventory held of 10 days. What is the cash conversion a. 70 days