(Answered) You have 2000 in non-cash current assets 1000 in cash and

Management Studies

You have $2000 in non-cash current assets, $1000 in cash, and $1000 in current liabilities. You also have total assets of $3000 and total liabilities of $4550. Sales is $1000, COGS is $100 and Net Income is $150.

What is the current ratio?

What is return on assets?

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