Define base currency quoted currency explain the, Financial Management

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Define base currency quoted currency explain the

1. A firm's current ratio is 1.8, and its quick ratio is 1.0. If its current liabilities are 13,800, what are its inventories?

2. What is the spot market for FX? What is the forward market for FX? What is the position of being net long in a currency?

3. Flying Tigers, Inc has net sales of $711,000 and accounts receivables of $152,000. What is the firm account receivables turnover?

4. Define base currency. Quoted currency. Explain the differences between the two.

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Financial Management: Define base currency quoted currency explain the

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