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Zeta Corporation has the following information: Total assets: $400,000 Total liabilities: $150,000 Common stock: $100,000 Retained earnings: $50,000 Calculate the following for Zeta Corporation: a)
Zeta Corporation has the following information:
- Total assets: $400,000
- Total liabilities: $150,000
- Common stock: $100,000
- Retained earnings: $50,000
Calculate the following for Zeta Corporation: a) Current ratio b) Quick ratio
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Accounting Information Systems
Authors: Marshall B. Romney, Paul J. Steinbart
12th edition
132552620, 978-0132552622
