Biology Forums - Study Force

Other Fields Homework Help Accounting Topic started by: goji.go on Oct 20, 2014



Title: You are calculating the quick ratio for the General Fund. The General Fund balan
Post by: goji.go on Oct 20, 2014
You are calculating the quick ratio for the General Fund. The General Fund balance sheet contains the following captions: (1) cash; (2) cash equivalents; (3) taxes receivable; (4) inventory; (5) prepaid items; and (6) due from other funds. Which of these accounts will enter into the calculation?
      a.   (1) and (2)
      b.   (1), (2), and (3)
      c.   (1), (2), (3), and (6)
      d.   all six


Title: Re: You are calculating the quick ratio for the General Fund. The General Fund balan
Post by: f_zah1 on Oct 23, 2014
Content hidden


Title: Re: You are calculating the quick ratio for the General Fund. The General Fund balan
Post by: goji.go on Oct 23, 2014
Thanks so much f_zah1.

You were correct :D


Title: Re: You are calculating the quick ratio for the General Fund. The General Fund balan
Post by: f_zah1 on Oct 23, 2014
You're very welcome!