Gaspares Agricultural Cooperative has current liabilities of S1 62,500, net working capital of S28,560, inventory of S 175,800, and sales of S1,941,840. What is the quick ratio?
Gaspares Agricultural Cooperative has current liabilities of S1 62,500, net working capital of S28,560, inventory of S 175,800, and sales of S1,941,840. What is the quick ratio?
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 15MCQ: Hummel Inc. has $30,000 in current assets and $15,000 in current liabilities. What is Hummels...
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Gaspares Agricultural Cooperative has current liabilities of S1 62,500, net working capital of S28,560, inventory of S 175,800, and sales of S1,941,840. What is the quick ratio?
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