rate positively ..
Given that - | ||||||||
Current ratio = | 1.8 | |||||||
Current liabilities = | 52000 | |||||||
Therefore current asset = 1.8*52000 | 93600 | |||||||
Quick ratio = | 1.6 | |||||||
therefore current asset - (inventory +prepaid expenses) = | 1.6*52000 | |||||||
83200 | ||||||||
Inventory and prepaid expenses = 93600-83200 | 10400 | |||||||
ans = | $ 10,400 |
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