Radio Shack has a quick ratio of 0.8, current liabilities of $8.5 billion, and inventories of $5.2 billion. What is the firm's current ratio?

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter7: Analysis Of Financial Statements
Section: Chapter Questions
Problem 7P: Ace Industries has current assets equal to 3 million. The companys current ratio is 1.5, and its...
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. Radio Shack has a quick ratio of 0.8, current liabilities of $8.5 billion, and inventories of $5.2 billion. What is the firm's current ratio?

 

 

Marshall’s Clothing Company has total assets of $90 million, ROA of 24%, ROE of 21% and a net profit margin of 12%. 

 

  1. Based on the information above, what is the company's net income?

 

 

 

  1. Based on the information above, what is the company's sales?
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