Multiple Choice
A firm's current ratio is 1.5 and its quick ratio is 1.0. If its current liabilities are $10,000, what are its inventories?
A) $ 5,000
B) $10,000
C) $15,000
D) $20,000
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q32: Current assets include the cash a firm
Q33: If a firm's current ratio is 1.5,
Q34: The analysis of the financial performance and
Q35: Economic value added (EVA) is a measure
Q36: In general, firms with _ risk and
Q38: Each of the following is true of
Q39: If a firm's return on investment (i.e.,
Q40: Trend analysis reveals whether a firm's performance
Q41: The fixed-charge coverage ratio includes all of
Q42: _ ratios indicate how efficiently a firm