Finiancial Management Homework


label Business
account_circle Unassigned
schedule 1 Day
account_balance_wallet $5

SDJ, Inc., has net working capital of $3,320, current liabilities of $4,270, and inventory of $4,170. What is the current ratio? (Round your answer to 2 decimal places. (e.g., 32.16))

Current ratio times What is the quick ratio? (Round your answer to 2 decimal places. (e.g., 32.16))

May 7th, 2015

 current ratio=current assets/current liabilities

950/4270=0.22

 quick ratio=total current assets -inventory/total current liabilities=950-4170/4270

=-0.75

May 7th, 2015

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May 7th, 2015
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