Calculate the inventory for a company whose Quick ration = 1.2; who's Current assets = $20,000;...
Calculate the inventory for a company whose Quick ration = 1.2; who's Current assets = $20,000; and whose Current ratio = 2.5
Homework Answers
Current ratio=Current assets/Current Liabilities
Current liabilities=(20,000/2.5)=$8,000
Quick ratio=(Current assets-Inventory)/Current Liabilities
1.2=(20,000-Inventory)/8000
Inventory=20,000-(1.2*8000)
=$10,400
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Calculate the inventory for a company whose Quick ration = 1.2;
who's Current assets = $20,000;...
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1. calculate current ratio? 2. calculate the quick ratio of this company? 3. 3. part 3...
1. calculate current ratio?
2. calculate the quick ratio of this company?
3.
3.
part 3 is complete in 2 pictures ..
4. what is compro' debt ratio?
5.
6. what is amount of working capital?
7. what does the working capital of company show?
please please solve all 7 part. I really need it.
thanks
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1. calculate current ratio?
2. calculate the quick ratio of this company?
3.
3.
part 3 is complete in 2 pictures ..
4. what is compro' debt ratio?
5.
6. what is amount of working capital?
7. what does the working capital of company show?
please please solve all 7 part. I really need it.
thanks
[The following information applies to the questions displayed below.) Shown below are selected data from the balance sheet of Compros, a small electronics store...
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