Solved: What is ccas current liabilities and inventory, Financial Management

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What is ccas current liabilities and inventory

Assignment:

At the end of its fiscal year, Credit Card of America (CCA) had a current ratio of 3.5× and a quick ratio of 3.0×. If its total current assets equaled $73,500 at the end of the year, what was CCA's (a) current liabilities and (b) inventory?

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Financial Management: What is ccas current liabilities and inventory

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