Answer:
The answer is "$100,000"
Explanation:
Please find the complete question in the attached file.
Given value:
Formula:
Borrowers payment history
Answer and Explanation:
a. The current ratio is
We know that
Current ratio = Current Assets ÷ Current Liabilities
= $440,000 ÷ $200,000
= 2.2
Cash $160,000
Marketable Securities $75,000
Account receivable $65,000
Inventory $140,000
Current Assets $440,000
Account Payable $200,000
current liabilities $200,000
b
Quick ratio =( Current assets - inventory ) ÷ Current Liabilities
= ($440,000 - $140,000 ) ÷ $200,000
= 1.5
Transactions must be segregated into the three types of activities presented on the statement of cash flows: operating, investing, and financing.
