SDJ, Inc., has net working capital of $1,730, current liabilities of $5,140, and inventory of $2,170. Requirement 1: What is the current ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 3.16).) Current ratio |times Requirement 2: What is the quick ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 3.16).) Quick ratio | times

SDJ, Inc., has net working capital of $1,730, current liabilities of $5,140, and inventory of $2,170. Requirement 1: What is the current ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 3.16).) Current ratio |times Requirement 2: What is the quick ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 3.16).) Quick ratio | times

Name: SDJ, Inc., has net working capital of $1,730, current liabilities of
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Description: SDJ, Inc., has net working capital of $1,730, current liabilities of $5,140, and inventory of$2,170.Requirement 1:What is the current ratio? (Do not round intermediate calculations. Round your answerto 2 decimal places (e.g., 3.16).)Current ratio|ti

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 57P: Grammatico Company has just completed its third year of operations. The income statement is as...

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