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Using the balance sheet information, analyze the financial health of the company: Assets: Cash: $60 million Accounts Receivable: $80 million Inventory: $120 million Total Current
- Using the balance sheet information, analyze the financial health of the company: Assets:
- Cash: $60 million
- Accounts Receivable: $80 million
- Inventory: $120 million
- Total Current Assets: $260 million
- Total Assets: $800 million Liabilities:
- Accounts Payable: $70 million
- Short-term Debt: $30 million
- Long-term Debt: $200 million
- Total Liabilities: $300 million Equity: $500 million
a. Calculate the quick ratio. b. Determine the current ratio. c. Compute the total debt to total assets ratio. d. What is the debt to equity ratio?
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Financial Accounting For Executives And MBAs
Authors: Wallace, Simko, Ferris
4th Edition
1618531980, 9781618531988
