Thickburger's net fixed assets = $200,000, total assets = $400,000, inventory = $50,000 and current liabilities = $100,000. All assets are classified as being either
Thickburger's net fixed assets = $200,000, total assets = $400,000, inventory = $50,000 and current liabilities = $100,000. All assets are classified as being either "current assets" or "fixed assets". What is the firm's current ratio? b. What is Thickburger's quick ratio?
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Authors: Louis Gapenski
5th Edition
1567936113, 978-1567936117
