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    Accounting Business Reporting
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    Exam 8: Analysis and Interpretation of Financial Statements
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    Greenfields Pty Ltd Has a Quick Asset Ratio of 2
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Greenfields Pty Ltd Has a Quick Asset Ratio of 2

Question 26

Question 26

Multiple Choice

Greenfields Pty Ltd has a quick asset ratio of 2 to 1 and current liabilities of $22 000.If Greenfields Pty Ltd has $10 000 of inventory,the total current assets is:


A) $44 000
B) $54 000
C) $64 000
D) $32 000

Correct Answer:

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