SDJ, Inc., has net working capital of $1,370, current liabilities of $3,720, and inventory of $1,950. What is the current ratio? What is the quick ratio?
SDJ, Inc., has net working capital of $1,370, current liabilities of $3,720, and inventory of $1,950. What is the current ratio? What is the quick ratio?
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter8: Current And Contingent Liabilities
Section: Chapter Questions
Problem 58BE: Liquidity Ratios JRLs financial statements contain the following information: Required: 1. What is...
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Calculating Liquidity Ratios [LO2] SDJ, Inc., has net working capital of
$1,370, current liabilities of $3,720, and inventory of $1,950. What is the current
ratio? What is the quick ratio?
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