Question
What is the Liquidity Index for the following company? Assets Market Value Fire-sale Value Cash $340,000 $340,000 Accounts Receivable $78,000 $48,000 Inventory $90,000 $76,000 Current
What is the Liquidity Index for the following company?
| Assets | Market Value | Fire-sale Value |
| Cash | $340,000 | $340,000 |
| Accounts Receivable | $78,000 | $48,000 |
| Inventory | $90,000 | $76,000 |
| Current Assets | $508,000 |
|
Question 12 options:
| A) $508,000 | |
| B) $464,000 | |
| C) 0.24 | |
| D) 0.15 | |
| E) 0.913 |
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Contemporary Financial Management
Authors: R. Charles Moyer, James R. McGuigan, Ramesh P. Rao
14th edition
1337090581, 978-1337090582
