Question: 13. The current ratio is 2, the quick ratio is 1.5 and current liabilities are $80,000. Inventory is $______. a. 40,000 b. 50,000 c. 60,000
13. The current ratio is 2, the quick ratio is 1.5 and current liabilities are $80,000. Inventory is $______. a. 40,000 b. 50,000 c. 60,000 d. 70,000
14. ROA = 15%, ROE = 50%. The debt ratio is ____%. a. 40 b. 50 c. 60 d. 70
15. Total asset turnover = 4, debt ratio = 20%, ROE = 10%. Net profit margin = _____%. a. 1 b. 2 c. 3 d. 4
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