Now, says Ms. Jones, let's imagine that Readers' Publishing had $50,000 in current liabilities. How would...

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"Now," says Ms. Jones, "let's imagine that Readers' Publishing had $50,000 in current liabilities. How would that impact the quick ratio?" a. What would the quick ratio be if the company's current liabilities totaled $50,000 instead of $30,000? (1 point) b. What would this ratio determine about the company's financial situation? (2) points) 3. "Sometimes a company will want to know how much debt it can feasibly go into while also remaining solvent," explains Ms. Jones. They will ask us to give them those figures. a. How would an accountant make this determination? (2 points) "Now," says Ms. Jones, "let's imagine that Readers' Publishing had $50,000 in current liabilities. How would that impact the quick ratio?" a. What would the quick ratio be if the company's current liabilities totaled $50,000 instead of $30,000? (1 point) b. What would this ratio determine about the company's financial situation? (2) points) 3. "Sometimes a company will want to know how much debt it can feasibly go into while also remaining solvent," explains Ms. Jones. They will ask us to give them those figures. a. How would an accountant make this determination? (2 points)

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a If the companys current liabilities totaled 50000 instead of 30000 the quick ratio would be Quick ... View the full answer