The balance sheet of Timken Inventory Ltd. has cash of $125 million, accounts receivable of $245 million, inventory of $160 million, and equipment worth $450 million. The company also has accounts payable of $ 120 million, notes payable of $280 million, and corporate bonds of $365 million. What is Timken's quick ratio?

The balance sheet of Timken Inventory Ltd. has cash of $125 million, accounts receivable of $245 million, inventory of $160 million, and equipment worth $450 million. The company also has accounts payable of $ 120 million, notes payable of $280 million, and corporate bonds of $365 million. What is Timken's quick ratio?

Name: The balance sheet of Timken Inventory Ltd. has cash of $125 million,
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Description: The balance sheet of Timken Inventory Ltd. has cash of $125 million, accounts receivable of $245 million,inventory of $160 million, and equipment worth $450 million. The company also has accounts payable of $120 million, notes payable of $280 millio

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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