Harrisons games ltd reported 36500 for current assets and


Question - Harrison's Games Ltd reported $36,500 for current assets and $10,500 for other assets. They also had $15,000 of current liabilities. Harrison's Games Ltd's quick assets totalled $9,000, and the long-term liabilities totalled $25,000.

What was Harrison's current ratio?

What was Harrison's quick ratio?

What was Harrison's debt ratio?

What was Harrison's owner's equity?

Solution Preview :

Prepared by a verified Expert
Accounting Basics: Harrisons games ltd reported 36500 for current assets and
Reference No:- TGS02400881

Now Priced at $25 (50% Discount)

Recommended (99%)

Rated (4.3/5)