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Compute for the wuick ratio of cane company

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Reference no: EM132790770

Cane company show the following data.

                                                  2014                        2013
Long term liabilities.            2,000,000           1,500,000
Owners equity.                 1,500,000             800,000
Non-current assets.             2,500,000           1,250,000
Inventory.                         500,000               300,000
Cash.                               200,000                50,000
Marketable securities.             900,00           1,000,000
Receivables.                       500,000          75,000

Problem a. Compute for the current ratio of cane company for 2014.

Problem b. Compute for the wuick ratio of cane company for 2014.

Problem c. Assuming a net income 200,000 for 2014

1. Compute for return on assets.
2. Compute for return on equity.

Reference no: EM132790770

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