The current ratio for a company with current assets of $70,000, quick assets of $30,000, total assets of $150,000, current liabilities of $50,000, and net sales of $80,000 would be __________.
Correct Answer:
Verified
Q82: Which of the ratios helps to evaluate
Q83: Topiary's Unlimited has a cost of goods
Q84: What is Jane's rate of return on
Q85: The debt ratio is the relationship between
Q86: Amanda's has a cost of goods sold
Q88: If management wishes to know the ability
Q89: Rick's has a cash balance of $80,000;
Q90: Merchandise inventory turnover measures the relationship between
Q91: Barry Builder's operating income for the year
Q92: Isaiah Company has net income of $720,000,
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents