The following items are reported on a company's balance sheet: Cash $210,000 Marketable securities 120,000 Accounts receivable
Fantastic news! We've Found the answer you've been seeking!
Question:
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 |
a. Current ratio
b. Quick ratio
Related Book For
Accounting
ISBN: 978-0324662962
23rd Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
Posted Date: