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Other Fields Homework Help Accounting Topic started by: mariasmakatof on Jul 24, 2023



Title: Stimac Corporation has total cash of $210,000, no marketable securities, total current receivables ...
Post by: mariasmakatof on Jul 24, 2023
Stimac Corporation has total cash of $210,000, no marketable securities, total current receivables of $281,000, total inventory of $151,000, total prepaid expenses of $53,000, total current assets of $695,000, total current liabilities of $261,000, total stockholders’ equity of $1,014,000, total assets of $1,415,000, and total liabilities of $401,000. The company’s acid-test (quick) ratio is closest to:

▸ 2.08

▸ 1.73

▸ 2.66

▸ 1.88


Title: Re: Stimac Corporation has total cash of $210,000, no marketable securities, total current receivables ...
Post by: Gimor1220 on Jul 24, 2023
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