Business
Business, 29.07.2019 21:10, briannagiddens

Blackwell automotive’s balance sheet at the end of its most recent fiscal year shows the following information: blackwell automotive balance sheet as of march 31, 2013 assets liabilities and equity cash and marketable securities $18,940 accounts payable and accruals $163,257 accounts receivable 128,840 notes payable 21,115 inventories 228,937 total current assets $376,717 total current liabilities $184,372 long-term debt 168,022 total liabilities $352,394 net plant and equipment 711,256 common stock 313,299 goodwill and other assets 89,879 retained earnings 512,159 total assets $1,177,852 total liabilities and equity $1,177,852 in addition, it was reported that the firm had a net income of $412,000 on net sales of $4,240,000. a. what are the firm’s current ratio and quick ratio? (round answers to 2 decimal places, e. g.15.25.) current ratio times quick ratio times

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