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The options for #2 include: 1) strong, weak 2) over 2, under 2 3) is not sufficient, is sufficient Option for #3: 1) to purchase
The options for #2 include: 1) strong, weak 2) over 2, under 2 3) is not sufficient, is sufficient Option for #3: 1) to purchase additional inventory, to invest in long term investments, to pay off some of the current liabilities Check My Work (3 remai eBook Exercise 8-72 Ratio Analysis Intel Corporation provided the following information on its balance sheet and statement of cash flows: S8,514,000,000 Inventories s 4,314,000,000 2,146,000,000 10,620,000,000 Current liabilities Cash and equivalents Marketable securities Receivables 6,598,000,000 3,404,000,000 2,709,000,000 Other current assets Cash flows from operating activities Required: If required, round your answers to two decimal places 1. Calculate the following: a. Current ratio b. Quick ratio c. Cash ratio d. Operating cash flow ratio 2. Conceptual Connection: Interpret these results. The current ratio appears to be select strong because as a general rule of thumb, a current ratio! select ? is considered good. The operating cash flow ratio indicates that the cash that the company is generating Select to meet the current liabilities indicates that the cash that the company is generating Select 3. Conceptual Connection: Assume that Intel, as a requirement of one of its loans, must maintain a current ratio of at least 2.30. Given the large amount of cash, how could Intel accomplish this on December 31? Use some of the cash Select Specifically, how much cash must Intel use to pay down the current liabilities in order to achieve a current ratio of 2.30? In your calculations and final answer, use amounts in millions, rounded to two decimal places (for example: 15,142.53 instead of 15,142,530,000). smillion
The options for #2 include:
1) strong, weak
2) over 2, under 2
3) is not sufficient, is sufficient
Option for #3:
1) to purchase additional inventory, to invest in long term investments, to pay off some of the current liabilities
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