Donny Dell Inc. had a Days in Inventory (based on 365 Days in Period) of 5. The Cost of Goods Sold was $4,526. The Net Working Capital was $70, and the Total Current Assets were $400. What is Donny Dell's Quick Ratio?

Donny Dell Inc. had a Days in Inventory (based on 365 Days in Period) of 5. The Cost of Goods Sold was $4,526. The Net Working Capital was $70, and the Total Current Assets were $400. What is Donny Dell's Quick Ratio?

Name: Donny Dell Inc. had a Days in Inventory (based on 365 Days in Period)
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Description: Donny Dell Inc. had a Days in Inventory (based on 365 Days in Period) of 5. The Cost ofGoods Sold was $4,526. The Net Working Capital was $70, and the Total Current Assetswere $400. What is Donny Dell's Quick Ratio?

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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