A firm with inventory of $175, total current assets of $722, and current liabilities of $625...
A firm with inventory of $175, total current assets of $722, and current liabilities of $625 has a quick ratio of:
Homework Answers
Quick ratio=(Current assets-inventory)/current liabilities
=(722-175)/625
which is equal to
=0.8752
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A firm with inventory of $175, total current assets of $722, and
current liabilities of $625...
A firm's long-term assets = $100,000, total assets = $400,000, inventory = $50,000 and current liabilities...
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A firm has total assets of $523,100, current assets of $186,500, current liabilities of $141,000, and...
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Firm XXX has $4.5 million in current assets and 3.7 million in current liabilities. The firm...
Firm XXX has $4.5 million in current assets and 3.7 million in current liabilities. The firm wants to increase its inventory, which will be financed by a short term note with the bank. What level of inventories can the firm carry without its current ratio falling below 1.1?
A firm's long-term assets = $100,000, total assets = $400,000, inventory = $50,000 and current liabilities = $200,000. The industry average current ratio is 2.0 and quick ratio is 1.5. (3 points each) 7.1 What are the firm's current ratio and quick ratio? 7.2 What is the firm's liquidity position? 7.3 What is the firm's net working capital? 7.4 Why is working capital important to a business?
A firm has total assets of $523,100, current assets of $186,500, current liabilities of $141,000, and total debt of $215,000. What is the debt/equity ratio? OA 1.43 O B. 1.10 OC. 0.70 O D. 0.53 O E 2.13
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A firm has total assets of $1.930,000 and stockholders equity is $612,000. What is the debt to total asset ratio? (Round your answer to the nearest whole percent.) Multiple Choice O O 84% 68% O a None of the items A firm's long-term assets = $60,000, total assets = $210,000, inventory $25,000 and current liabilities $40,000. What are the firm's current ratio and quick ratio? Round your answer to 1 decimal place.) Multiple Choice Current ratio-88, quick ratio - 1...
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