What is the firm level of current liabilities

Assignment Help Financial Management

Reference no: EM132069211

Ace Industries has current assets equal to $10 million. The company's current ratio is 2.0, and its quick ratio is 1.5.

1. 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 $

2. 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: EM132069211

Questions Cloud

Identify a type of business you would like to own : Why is it important to look at both the manager and the employee points of view when engaging in human resource planning?

Is the article logically organized and easy to follow : Does the article describe how the author collected and analyzed the data? Please explain. Is the article logically organized and easy to follow?

Identity the ownership form for this business : Identity the ownership form for this business, taking into consideration tax implications, liability exposure, managerial ability, and cost of formation.

What is bone remodeling : How is a pill like this expected to work on the muscular system? How is it expected to impact other areas of the body - Exercise directly acts

What is the firm level of current liabilities : Ace Industries has current assets equal to $10 million. What is the firm's level of current liabilities?

What have you learned from these personality tests : What have you learned from these personality tests about organizational behavior that will help you be a better employee, coworker, and/or manager?

Regarding the effective use of management control systems : Which of the following statements is(are) false regarding the effective use of management control systems

How the situation or dilemma may be addressed : Presents at least one argument supporting the perspective of each cultural group involved with the topic. Considers how the situation or dilemma.

Examine lenscrafters value chain and evaluate : Evaluate LensCrafters operations strategy and explain how the organization seeks to gain a competitive advantage in terms of sustainability.

User Account

All Pages