Bronco Electronics' current assets consist of cash, short-term investments, accounts receivable, and inventory. The foll
Posted: Sun Jul 03, 2022 1:16 pm
statement: Inventory Total assets Current ratio Acid-test ratio. Debt to equity ratio $ 165,000 $1,490,000 Long-term assets 3.5 2.40 1.5 Required: Compute the long-term assets for Bronco:
Bronco Electronics' current assets consist of cash, short-term investments, accounts receivable, and inventory. The following data were abstracted from a recent financial