Maurice Tutor

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    Argosy University/ Phoniex University/
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Category > Accounting Posted 29 Jul 2017 My Price 3.00

Current position analysis

     Current position analysis

The following items are reported on a company’s balance sheet:

 

 
  Cash $210,000 Marketable securities 120,000 Accounts receivable (net) 110,000 Inventory 160,000 Accounts payable 200,000

 

Determine (a) the current ratio and (b) the quick ratio. Round to one decimal place

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Maurice Tutor
(5)
Status NEW Posted 29 Jul 2017 01:07 PM My Price 3.00

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