easy · Principles of Finance financial-statements-markets-wc

A firm has current assets of $200 million (including $50 million in inventory) and current liabilities of $100 million.

What are its Current Ratio and Quick Ratio respectively?

  1. 2.0 and 2.0
  2. 1.5 and 2.0
  3. 2.0 and 1.5
  4. 4.0 and 3.0

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