Net working capital = $2,710
Current liabilities = $3,950
Net working capital = Current assets - Current liabilities
2,710 = Current assets - 3,950
Current assets = $6,660
Current ratio = Current assets / Current liabilities
= 6,660/3,950
= 1.69
Quick ratio = ( Current assets - Inventory)/Current liabilities
= (6,660-3,420)/3,950
= 0.82
Current Asset | $6,660 |
Current ratio | 1.69:1 |
Quick ratio | 0.82:1 |
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SDJ, Inc., has net working capital of $2,710, current liabilities of $3,950, and inventory of $3,420....
please help me with the excel formula for the quick ratio. SDJ, Inc., has net working capital of $2,710, current liabilities of $3,950, and inventory of $3,420. What is the current ratio? What is the quick ratio? A Net working capital $ Current liabilities $ Inventory $ A 2,710 3,950 3,420 Complete the following analysis. Do not hard code values in your answer Current assets $ 6,660 Current ratio 1.69 Quick ratio
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