were Leonardo Business Company's total quick assets $6,425,000, its current assets were $9,780,000, and its current liabilities were $5,340,000. Its acid-test ratio equals_
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- XYZ Industries' total quick assets were $4,500,000, its current assets were $9,800,000, and its current liabilities were $5,000,000. Its acid-test ratio equals: a. 0.46 b. 0.90 c. 1.96 d. 1.20 e. 2.18a companys current assets are 23,310, its quick assets are 13,860 and it current liabilities are 14,000. its quick ratio equals?Accounting
- ABC company has NOA of $23,046. Its comparable companies show the following financial data: Company Operating value NOA $23,046 $29,828 $32.956 LBJ $36412 $29,828 $18,923 MLK $34,277 $26,449 NDR $20,932 What is ABC company's operating value? Assume an equally weighted average is used in the multiple method. $14,702Thickburger'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?Rush Company had net income of $152 million and average total assets of $1,810 million. Its return on assets (ROA) is: Multiple Choice 8.4%. 84.0%. 120.0%. 119.0%. 16.8%.
- Reynoso Manufacturing has a current ratio of 1.42:1 and current assets of $643 million. What are their current liabilities? O $913.1 million $381.4 million O $643 million O $452.8 millionSDJ, 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?correct answer please