Homework Answers
Quick Ratio = Liquid Assets / Current Liabilities, or
Quick Ratio = (Cash and Equivalents + Marketable Securities + Accounts Receivable) / Current Liabilities
So Quick Ratio = ($420,000 + $400,000) / $9,25,000 = 0.8865
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present the balance sheet in common size format. Please show work :) JOULU TUUUV. Last Year...
present the balance sheet in
common size format. Please show work :)
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present the balance sheet in
common size format. Please show work :)
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