FI515 Financial Management: 3-7 (Curent and Quick Ratios) Ace Industries has current assets equal

FI515 Financial Management
Week 2 Homework

(3-7) Current and Quick Ratios
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 current liabilities? What is the firm’s level of inventories?
Powered by