-
Financial Management
A company has current assets of $3 million. The company's current ratio is 1.5 and it's quick ratio is 1.0. What amount of current liabilities does the company have? What amount of the company's current assets is represented by inventory?
vivek bond
- Dec 6th, 2008
current asset is $3billion so, current ratio = current assset current liabilities1.5 = 3 / current liabilities current liabilities 1.5 = 3hence current liabilties is $2 billion Now, quick ...
joe fagan
- Oct 29th, 2008
A company has current assets of $3 million. The company's current ratio is 1.5 and it's quick ratio is 1.0. What amount of current liabilities does the company have? What amount of the company...
