A firmrsquos balance sheet contains 320 of cash 2000 of


A firm’s balance sheet contains $320 of cash, $2,000 of fixed assets, $1,380 of accounts receivable, $780 of accounts payable, $500 of inventory, and $1,000 on a revolving line of credit. Assuming that list contains all of the company’s assets and liabilities: How much are current assets? (Show calculation) What is the company’s quick ratio? (Show calculation) What is the company’s book value? (Show calculation)

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Financial Management: A firmrsquos balance sheet contains 320 of cash 2000 of
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