Apex Corporation has total current assets of $5,400,000, current liabilities of $2,700,000, and a quick ratio of 0.8. What is its level of inventory?
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- Ace Industries has current assets equal to $3 million. The company’s current ratio is 1.5, and its quick ratio is 1.0. What is the firm’s level of currentliabilities? What is the firm’s level of inventories?Thickburger's net fixed assets = $200,000, total assets = $400,000, inventory =$50,000 and current liabilities = $100,000. All assets are classified as beingeither "current assets" or "fixed assets". What is the firm's current ratio?b. What is Thickburger's quick ratio?Return on assets?
- What is Jordan ROE ?Carter Corporate has current assets of $120 million and inventory equal to $30 million. If Carter’s current liabilities are $100 million. What will the current ratio be?Magnus Enterprises has net sales of $1,020,000, net income of $74,500, average current assets of $52,000, average fixed assets of $178,500, and average total assets of $230,500. What is Magnus Enterprises' return on assets?
- Ace Industries has current assets equal to $9 million. The company's current ratio is 2.5, and its quick ratio is 2.1. What is the firm's level of current liabilities? What is the firm's level of inventories? Do not round intermediate calculations. Round your answers to the nearest dollar. Current liabilities: $ Inventories: $SDJ, Incorporated, has net working capital of $2,930, current liabilities of $4,070, and inventory of $3,770. a. What is the current ratio? b. What is the quick ratio?What is the return on assets ?