Question
The following items are reported on a company's balance sheet: Cash Marketable securities Accounts receivable Inventory Accounts payable $243,000 86,600 231,800 176,300 317,400 Determine
The following items are reported on a company's balance sheet: Cash Marketable securities Accounts receivable Inventory Accounts payable $243,000 86,600 231,800 176,300 317,400 Determine the (a) current ratio and (b) quick ratio. Round answers to one decimal place. a. Current ratio b. Quick ratio
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Microeconomics Theory And Applications
Authors: Edgar K. Browning, Mark A. Zupan
10th Edition
0470128917, 9780470128916
