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What is the Quick Ratio of Chester? Select: 1Save Answer 1.94 1.29 4.28 2.52 2016 DEFINITIONS: Common Size: The common size column simply represents each
What is the Quick Ratio of Chester? Select: 1Save Answer 1.94 1.29 4.28 2.52
2016 DEFINITIONS: Common Size: The common size column simply represents each item as a Common $15,922 511,855 $13,935 17,39 59,833 517.117 Your end-of-year cash position. Accounts Receivable: Reflects the lag betwee and payment of your products. Inventories: The Inventory current value of your inventory across all products. A zero indicates your company tocked out. Unmet demand would, of course, all to your competitors. Plant & Equipment Plant & Equipment The current value of your plant. Accum Deprec: Accumulated Depreciation (541,287) The total accumulated depreciation from your plant. Accts Payable: What the company currently owes suppliers for materials and services. Current Debt: The debt the company Total Assets s obligated to pay during the next year of Accounts Receivable n delivery 12.6% 14.8% Total Current Assets S41,712 544,284 (535,023) Total Fixed Assets $52,673 $94,385 S93,641 mergency loans used to LIABILITIE& OWNERS EQUITY Accounts Payable eep your company solvent should you run out f cash during the year. Long Term Debt: The company's long term debt is in the form of S13,954 14.8% 18,438 our bonds. Common Stock: The amount of Long Term Debt capital invested by shareholders in the company Retained Earnings: The profits that thee company chose to keep instead of paying to shareholders as dividends Total Liabilities 542,406 $44,514 Retained Earnings Total Equity Total Lisb. & O. Equity $51,980 $94,385 S93,641Step by Step Solution
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