Question
True/False- A company's quick assets are $167,000 and its current liabilities are $153,000. This company's acid-test ratio is 1.09. Mega Skateboard Supplier, Inc. had net
True/False- A company's quick assets are $167,000 and its current liabilities are $153,000. This company's acid-test ratio is 1.09.
Mega Skateboard Supplier, Inc. had net sales of $83,216 million, its cost of goods sold was $55,604 million, and its net income was $2,050 million. Its gross margin ratio equals:
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Auditing And Assurance Services
Authors: Robert Ramsay, Timothy J Louwers
4th Edition
007739657X, 978-0077396572
