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Cash Accounts Receivable Marketable Securities Inventories Prepaid Other Current Assets Total Current Assets Total Current...

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Accounting

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Cash Accounts Receivable Marketable Securities Inventories Prepaid Other Current Assets Total Current Assets Total Current Liabilities $ 12,000 SI 8.000 514.000 $ 15,000 $ 1.000 $1.500 $ 41,500 $ 10,000 Use the information above. What is the quick ratio? Select one e a 4.15 to 1 O b.3.9 to 1 O c20 to 1 dnone of the above Sales Cost of Goods Sold Operating Expenses Income Taxes Net Income Dollars 2005 2004 $ 450,000 $ 500,000 $ 300,000 $ 380,000 $ 80,000 $ 60,000 $ 30,000 $ 25,000 $ 40,000 $ 35,000 Component Percentage 2005 2004 100.0% 100.0% A 26.046 17.89 B 6.7% 5.0% 8.8% 7.0% Use the information above. Calculate the component percentages of (A) and (8), Select one O a 66.7% and 12.0%, respectively O b. 66.7% and 13.0%, respectively O c. 84 4% and 120%, respectively d. 66 7% and 16.0%, respectively

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