The firm current and quick ratio

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Reference no: EM131611398

A firm's long term (fixed) assets = $100,000, total assets = $400,000, inventory = $60,000 and current liabilities = $120,000. The firm's current and quick ratio are:

current ratio = 0.5; quick ratio = 1.25

current ratio = 1.0; quick ratio = 2.0

current ratio = 1.5; quick ratio = 1.25

current ratio = 2.5; quick ratio = 2.0

Reference no: EM131611398

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