A corporation reports the following year end balance sheet data Calculate the following ratios (a) acid test ratio (must use format x xx) Cash $ 40,000 Accounts receivable 35,000 Inventory 60,000 Equipment 150 000 Total assets $285,000 Current liabilities $ 64,000 Long term liabilities 72,000 Comm...

A corporation reports the following year-end balance sheet data. Calculate the following ratios: (a) acid-test ratio...

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Fundamentals of corporate finance

ISBN: 978-0078034633

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Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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A corporation reports the following year-end balance sheet data. Calculate the following ratios: (a) acid-test ratio...

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Fundamentals of corporate finance

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