Calculate the accounts payable to revenue ratio

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Question - Based on the given date calculate the following (be sure to label each answer clearly and show all calculations to receive full credit:

1) Current ratio

2) Accounts payable to revenue ratio

3) Pretax and after tax profit margins

Data:

Total Assets: $300,000

Current Assets: $150,000

Total Liabilities: $50,000

Current Liabilities: $30,000

Accounts Payable: $20,000

Revenue: $400,000

Net Profit before Taxes: $100,000

Taxes: $5,000

Reference no: EM133035431

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