The top part of Mars, Inc.'s 2018 balance sheet is listed as follows (in millions of dollars). Current assets: Current liabilities: Cash and marketable securities $ 10 Accrued wages and taxes $ 20 Accounts receivable 40 Accounts payable 30 Inventory 160 Notes payable 40 Total $ 210 Total $ 90 What are Mars, Inc.'s current ratio, quick ratio, and cash ratio for 2018?
Solved
Show answers
More tips
- O Other How to Accidentally Get a Rare Coin with Your Change and How to Know Its Value?...
- H Health and Medicine Simple and Effective: How to Get Rid of Cracked Heels...
- O Other How to Choose the Best Answer to Your Question on The Grand Question ?...
- L Leisure and Entertainment History of International Women s Day: When Did the Celebration of March 8th Begin?...
- S Style and Beauty Intimate Haircut: The Reasons, Popularity, and Risks...
- A Art and Culture When Will Eurovision 2011 Take Place?...
- S Style and Beauty How to Choose the Perfect Hair Straightener?...
- F Family and Home Why Having Pets at Home is Good for Your Health...
- H Health and Medicine How to perform artificial respiration?...
- H Health and Medicine 10 Tips for Avoiding Vitamin Deficiency...
Answers on questions: Business
- B Business Ironwood bank is offering a 30 -year mortgage with an apr of 6.00 % based on monthly compounding. if you plan to borrow $ 160,000 , what will be your monthly payment?...
- B Business How does a graphics card the computer’s main cpu? it provides the wiring that connects the cpu to a monitor. it converts analog images into digital signals the cpu can...
- B Business Which of the following is likely to be the most valid source of information about pollution? a. a website supported by manufacturing companies b. an internal report by...
- B Business What is the opportunity cost in this scenario...
- B Business Jessica has just opened a shoe store. to operate her business, she orders her shoes from a company. that company receives the shoes from a local designer. what role does...
- B Business Which statement about the rules of debit and credit is true? a. if accounts receivable is decreased with a credit, the normal balance is a credit. b. if accounts payable...
- E English From what perspective is the poem written? A. the bluebird B. an unidentified animal C. the crocus D. an unknown speaker...
- E English In context of the second paragraph, how is carriage defined in the phrase the picturesque looseness of their carriage ?...
- W World Languages Oxford My English Folder Workbook for Class 5Pls send pdf...
- M Mathematics The price of Stock A at 9 A.M. was $14.65. Since then, the price has been increasing at the rate of $0.13 each hour. At noon the price of Stock B was $15.40. It begins...
Ответ:
Answer and Explanation:
The calculation is given below:
Current ratio is
= Current assets ÷ current liabilities
= 210 ÷ 90
= 2.33 times
quick ratio is
= Quick assets ÷ current liabilities
= + ($210 - $160) ÷ 90
= 0.56
And, the Cash ratio is
= cash ÷ Current liabilities
= 0.11
In this way it should be determined
Ответ:
Fat toes
Explanation: