When using supply and demand to analyze trade, one can assume that the domestic market being small relative to the world market
1 answer:
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Answer:
company can value of $190909.1
Explanation:
Given data:
current assets = $1,312,500
current liabilities = $525,000
initial inventory level is $380,000
current ratio = 2.2
current liabilities is calculated as
plugging all value in above relation
current liabilities
current liabilities = $ 596590.90
and we know current liabilities is $525,000. Thus company can value of $190909.1