What is the Current Ratio?

What is the Quick Ratio?

What is JDL's average collection period?

What is the inventory turnover?

Selected financial data for JDL Corporation includes the following: Current Assets, $125,000; Current Liabilities, $100,000; Inventories, $40,000; Accounts Receivable, $40,000; Net Sales, $800,000; Cost of Goods Sold, $670,000. JDL's current ratio is: a. 1.0 to 1 O b. 1.5 to 1 . 0.7 to 1 O d. 1.25 to 1