What is the firm level of current liabilities

Assignment Help Mathematics

Reference no: EM13180389

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?

Reference no: EM13180389

Questions Cloud

Which industry is more concentrated according to hhi : Compute HHI for both industries. 3. Which industry is more concentrated according to 4-firm concentration ratio? 4. Which industry is more concentrated according to HHI? 5. Which of these measures (HHI and four-firm concentration ratio) can be a..

Determine the equation of the line : You are estimating the cost ($K) of optical sensors based on the resolution of the sensor (i.e. how small of an object it can detect). Using the preliminary calculations from a data set of 8 sensors, determine the equation of the line. (Round your..

What was its net cash flow : Kendall Corners Inc. recently reported net income of $3.1 million and depreciation of $500,000. What was its net cash flow? Assume it had no amortization expense.

Effect of lowering reserve requirement on the money supply : A substantial increase in imports of apparel from China that intensively use unskilled labor has generated some unrest in import competing industries, particularly among non-college workers. If all US apparel imports were from Taiwan only, would y..

What is the firm level of current liabilities : 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?

Calculate clayton profit margin and debt ratio : Calculate Clayton's profit margin and debt ratio.

At what tax rate would an investor : Corporate bonds issued by Johnson Corporation currently yield 8%. Municipal bonds of equal risk currently yield 6%. At what tax rate would an investor be indifferent between these two bonds?

What fringe benefits escape limitation : What adjustment is required regarding Paul's purchase of the partnership interest? Must a section 754 election be made?

What is the bond after-tax yield : An investor recently purchased a corporate bond which yields 9%. The investor is in the 36% combined federal and state tax bracket. What is the bond's after-tax yield?

User Account

All Pages