Tuesday, 10 September 2013

Problem 3-1 Calculating Liquidity Ratios [LO 2] SDJ, Inc., has net working capital of $2,110, current liabilities of $5,530, and inventory of $1,245. Requirement 1: What is the current ratio? (Round your answer to 2 decimal places (e.g., 3.16).) Current ratio times Requirement 2: What is the quick ratio? (Round your answer to 2 decimal places (e.g., 3.16).) Quick ratio times

Problem 3-1 Calculating Liquidity Ratios [LO 2]
SDJ, Inc., has net working capital of $2,110, current liabilities of $5,530, and inventory of $1,245.

Requirement 1:
What is the current ratio? (Round your answer to 2 decimal places (e.g., 3.16).)
 
  Current ratio times  

Requirement 2:
What is the quick ratio? (Round your answer to 2 decimal places (e.g., 3.16).)
 
  Quick ratio times  

  
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