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Quick assets=50 A/P= 10 taxes payable=10 long term bond payable=30 Find the quick ratio. Inventory( Jan 1)=80 Inventory (Dec 31)=60 COGS=280 Find inventory turnover Inventory

Quick assets=50 A/P= 10 taxes payable=10 long term bond payable=30

Find the quick ratio.

Inventory( Jan 1)=80 Inventory (Dec 31)=60 COGS=280

Find inventory turnover

Inventory turnover=20 . Find days sales in inventory ( use 360 days)

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Quick assets=50 A/P= 10 taxes payable=10 long term bond payable=30 Find the quick ratio. Inventory( Jan 1)=80 Inventory (Dec 31)=60 COGS=280 Find inventory turnover Inventory

Quick assets=50 A/P= 10 taxes payable=10 long term bond payable=30 Find the quick ratio. Inventory( Jan 1)=80 Inventory (Dec 31)=60 COGS=280 Find inventory turnover Inventory turnover=20 . Find days sales in inventory ( use 360 days)

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Quick assets=50 A/P= 10 taxes payable=10 long term bond payable=30

Find the quick ratio.

Inventory( Jan 1)=80 Inventory (Dec 31)=60 COGS=280

Find inventory turnover

Inventory turnover=20 . Find days sales in inventory ( use 360 days)