What is the quick current and debt ratios


Question:

Shown below are selected data from the balance sheet of Compros, a small electronics store ( dollar amounts shown in thousands) Cash $75 Accounts receivable $135 Inventory $240 Total Assets $900 Current Liabilities $300 Non current Liabilities $375 What is the quick, current, and debt ratios?

Solution Preview :

Prepared by a verified Expert
Accounting Basics: What is the quick current and debt ratios
Reference No:- TGS02029228

Now Priced at $10 (50% Discount)

Recommended (96%)

Rated (4.8/5)