Question 4 Partially correct Mark 1.00 out of 2,00 P Flag question Working Capital and Short-Term Liquidity Ratios Bell

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Question 4 Partially Correct Mark 1 00 Out Of 2 00 P Flag Question Working Capital And Short Term Liquidity Ratios Bell 1 (205.87 KiB) Viewed 34 times

Question 4 Partially correct Mark 1.00 out of 2,00 P Flag question Working Capital and Short-Term Liquidity Ratios Bell Company has a current ratio of 2.5 on December 31. On that date the company's current assets are as follows: Cash $46,400 Short-term investments 79,040 Accounts receivable (net) 272,000 Inventory 320,000 Prepaid expenses 78,560 Current assets $736,000 Bell Company's current liabilities at the beginning of the year were $224,000 and during the year its operating activities provided a cash flow of $108,000, a. What are the firm's current liabilities on December 31? (Round to the nearest dollar) $ 294,400 b. What is the firm's working capital on December 31?$ 441,600 c. What is the quick ratio on December 31? (Round to two decimals.) 259,200 > d. What is Bell's operating-cash-flow-to-current-liabilities ratio? (Round to two decimals.) 0.4 > Check Partially correct