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#1 A FIRM’S RATIO IS 1.7 AND ITS QUICK RATIO IS 1.0. IF ITS CURRENT LIABILITIES ARE 11,300

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#1 A FIRM’S RATIO IS 1.7 AND ITS QUICK RATIO IS 1.0. IF ITS CURRENT LIABILITIES ARE 11,300, WHAT ARE ITS INVENTORY?
#2 IRIS BALANCE SHEET

ACCOUNTS PAYABLE/ACCRUEDS=65

ACCOUNT RECIEVABLE=58

ACCUMULATED/DEPRECIATION=175

CASH=35

COMMON STOCK=120

FIXED ASSETS(GROSS)=390

INVENTORY=125

LONG-TERM DEBT=200

RETAINED EARNINGS=65

WHAT IS IRIS INC’S TOTAL ASSETS?

 
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