• Consider the following Balance Sheet (in thousands):
• Cash $74
• Short-term investment $147
• Accounts receivable $727
• Inventory $27
• Long-term Investments $125
• Net property, plant, and equipment $81
• Notes payable $13
• Accounts payable $40
• Salaries and Benefits $496
• Long-term Debt $154
• Equity $478
• What is the Current ratio for this business? Is this business utilizing its assets efficiently? Explain with ratio analysis.

Answer rating: 100% (QA)

Consider the following Balance Sheet in thousands Cash 74 Shortterm investment 147 Accounts receivable 727 Inventory 27 Longterm Investments 125 Net p... View the full answer