Question: Given the balance sheet and income statement shown below. calculate Rebel Golf 2017 quick ratio Enter your answer as a number with a decimal places
Given the balance sheet and income statement shown below. calculate Rebel Golf 2017 quick ratio Enter your answer as a number with a decimal places of precision 0.0.0.1234 or 1234) ensure you include a leading number before the decimal point Balance Sheet as of December 31 2017 Income Statement 2017 2016 2017 2016 Sales Revenue Assets Liabilities and Shareholder Equity Operating costs Excluding D&A Current Asset Current Liabilities EBITDA Cash and Equivalents $ 2,783 5 2,612 Accruals $ 179 $ 80 Depreciation and Amortiration Accounts receivable 3,780 3.108 Accounts payable 2.190 1.975 Earnings before interest and takes (ET) Inventory 10,970 9.840 Notes payable 1.438 1,386 Interest Total Current Assets $17,533 $ 15,560 Total Current Liabilities $ 3,807 S 1441 Earnings before taxes (EBT) Taxes (387 long term Debit 13.840 12.510 Net Income Total Liabilities 17,647 15,951 $ 75,680 59.920 15.760 3,237 512,523 2,064 9,559 1,612 $ 5.927 Long term Assets Net Fixed Assets 41.323 29.650 Shareholder Equity Common stock Retained earnings Total Shareholder Equity $ 25,000 $ 25,000 16,209 4,259 S41,200 $ 29,259 Total Assets $ 5,85 $ 45,210 Total abilities and Shareholder Equity 5 SR 545.210
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