Question: this is 1 problem Exam - BADM3 x My Blackboard Content - Black + citlearn.blackboard.com/webapps/assessment/take/launch jsp?course_assessment_id=_40139_1&course_id=_32442_1&content_id-._. Anderson Fire Metal Shark Diesel. Pushing Back The D.

this is 1 problem  this is 1 problem Exam - BADM3 x My Blackboard Content
- Black + citlearn.blackboard.com/webapps/assessment/take/launch jsp?course_assessment_id=_40139_1&course_id=_32442_1&content_id-._. Anderson Fire Metal Shark Diesel. Pushing Back
The D. Salary per year for Alaska Commercial. V The Sleepy Shack

Exam - BADM3 x My Blackboard Content - Black + citlearn.blackboard.com/webapps/assessment/take/launch jsp?course_assessment_id=_40139_1&course_id=_32442_1&content_id-._. Anderson Fire Metal Shark Diesel. Pushing Back The D. Salary per year for Alaska Commercial. V The Sleepy Shack - E Colle Exhibit 4.1 The balance sheet and income statement shown below are for Koski Inc. Note that the firm has no amortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years, and the notes payable will be rolled over Balance Sheet (Millions of S) Assets 2019 Cash and securities $4,200 17.500 20.300 Accounts receivable Inventories Total current assets Net plant and equipment Total assets Liabilities and Equity Accounts payable Accruals Notes payable Total current liabilities $42.000 $28,000 $70,000 $22,509 14,391 6,000 $42,900 Long-term bonds $11,000 5 Anderson Fire... Metal Shark Diesel-... Pushing Back The D... Salary per year for.. Alaska Commercial... V The Sleepy Long-term bonds Total liabilities Common stock Retained earnings Total common equity $11,000 S53,900 $3,542 12,558 $16,100 $70,000 Total liabilities and equity 2019 $105,000 97,650 2,100 Income Statement (Millions of ) Net sales Operating costs except depreciation Depreciation Earnings before interest and taxes (EBIT) Less interest Earnings before taxes (EBT) Taxes $5,250 1,020 $4,230 1,058 Net income $2,538 Other data: Shares outstanding (millions) 500.00 BADMX in.blackboard.com/webapps/assessment/take/launchjsp?course_assessment_id=_40139_1&course_id = 32442_18_conte Fire... Metal Shark Diesel-... Pushing Back The D... C Salary per Year for... Alaska Commercial. V The Sleg 500.00 $888.30 Other data: Shares outstanding (millions) Common dividends (millions of S) Intrate on notes payable & L-T bonds Federal plus state income tax rate Year-end stock price 6% 40% $60.91 Refer to Exhibit 4.1. What is the firm's quick ratio? Do not round your intermediate calculations. a. 0.46 b.0.47 C. 0.48 d.0.51 0.0.0.38 QUESTION 2

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