A Company Has Current Assets Invent Youself/tutorialoutletdotcom - PowerPoint PPT Presentation

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A Company Has Current Assets Invent Youself/tutorialoutletdotcom

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FOR MORE CLASSES VISIT www.tutorialoutlet.com (c) A company has current assets of $92,000 (of which $44,000 is inventory and prepaid items) and current liabilities of $44,000. What is the current ratio? What is the acid-test ratio? If the company borrows $15,000 cash from a bank on a 120-day loan, what will its current ratio be? What will the acid-test ratio be? (Round answers to 2 decimal places, e.g. 2.50.) – PowerPoint PPT presentation

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Title: A Company Has Current Assets Invent Youself/tutorialoutletdotcom


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A Company Has Current Assets tutorialoutlet.com
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A Company Has Current Assets tutorialoutlet.com
  • A company has current assets of 92,000 (of which
    44,000 is inventory and prepaid items) and
    current liabilities of 44,000. What is the
    current ratio?
  • FOR MORE CLASSES VISIT
  • www.tutorialoutlet.com
  •  
  • (c) A company has current assets of 92,000 (of
    which 44,000 is inventory and prepaid items) and
    current liabilities of 44,000. What is the
    current ratio? What is the acid-test ratio? If
    the company borrows 15,000 cash from a bank on a
    120-day loan, what will its current ratio be?
    What will the acid-test ratio be? (Rond answers
    to 2 decimal places, e.g. 2.50.)

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A Company Has Current Assets tutorialoutlet.com
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