Busi 490 intensive - Study guides, Class notes & Summaries
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BUSI 490 IntensiveWhat is the current ratio? - correct answer current assets/current liabilities 
 
What is the quick (acid test) ratio? - correct answer current assets - inventory/current liabilities 
 
What is the total debt ratio? - correct answer (total assets - total equity)/total assets 
 
What is the times interest earned ratio? - correct answer EBIT/interest expense 
 
What is the inventory turnover ratio? - correct answer cost of goods sold/average inventory 
 
What is day's sales in i...
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