What is the firm level of current liabilities

Reference no: EM131932003

Question: Ace Industries has current assets equal to $8 million. The company's current ratio is 2.0, and its quick ratio is 1.5.

a. What is the firm's level of current liabilities? Enter your answer in dollars. For example, an answer of $1.2 million should be entered as 1,200,000

b. What is the firm's level of inventories? Enter your answer in dollars. For example, an answer of $1.2 million should be entered as 1,200,000

Reference no: EM131932003

Questions Cloud

What adjustments would have to be made to capital accounts : What adjustments would have to be made to the capital accounts for a 10 percent stock dividend? Show the new capital accounts.

Benefits and drawbacks of having a health plan : What are the benefits and drawbacks of having a health plan that varies by state versus having one that is uniform across the country?

Where are the majority of cones located : Where are the majority of rods located? where are the majority of cones located? where do we find the bipolar cells and the ganglion cells?

Different styles between job design and job analysis : What is the different styles between job design and job analysis? Why is it important for a manager to understand both concepts?

What is the firm level of current liabilities : Ace Industries has current assets equal to $8 million. The company's current ratio is 2.0, and its quick ratio is 1.5.

Evaluate the importance of positive safety culture : Title: "Critically evaluate the importance of a positive safety culture and robust safety management within a small-medium sized business"

Transportation department supervisor at stevenson company : You were just hired as the new Transportation Department Supervisor at the Stevenson Company. You have 45 employees.

Component of the utilization management process : Understanding the different types of insurance plans is an important component of the Utilization Management process.

Is there a difference between relationship marketing and crm : Reinartz and Kumar provide a typology of customers: butterflies, true friends, strangers, and barnacles.

User Account

All Pages