Question: What is the quick ratio? Use the information below to answer questions Cash and Cash Equivalents Short-Term Investments Accounts Receivables Inventory Other Current Assets Total
What is the quick ratio?
Use the information below to answer questions Cash and Cash Equivalents Short-Term Investments Accounts Receivables Inventory Other Current Assets Total Current Assets $10,498,000 Accounts Payable $300,000 Short/Current Long-Term Debt $9,482,000 Other Current Liabilities $2,130,000 $4,653,000 $27,063,000 Total Current Liabilities Long-Term Investments $3,858,000 Long-Term Debt Property Plant and Equipment $5,047,000 Other Liabilities Goodwill Intangible Assets Other Assets Total Assets $15,472,000 $335,000 $9,462,000 $25,269,000 $504,000 $4,092,000 $3,412,000 Deferred Long-Term Liability Charges $4,939,000 $900,000 $732,000 $41,012,000 Total Liabilities $34,804,000
Step by Step Solution
3.31 Rating (157 Votes )
There are 3 Steps involved in it
Calculate quick ratio Given Quick Ratio Cash ShortTerm Investments Accounts ... View full answer
Get step-by-step solutions from verified subject matter experts
