单选题 An analyst has gathered the following information about a firm:
Quick ratio of 0.25
Cash ratio of 0.20
$ 2 million in marketable securities
$10 million in cash
What is their receivables balance?
【正确答案】 A
【答案解析】Cash ratio = ( cash + marketable securities)/current liabilities
0.20 = ( $10000000 + $ 2000000)/current liabilities
current liabilities = $12000000/0.2 = $ 60000000
Quick ratio = [cash + marketable securities + receivables ] / $ 60000000
0.25 = [ $10000000 + $ 2000000 + receivables]/$ 60000000
$ 60000000×0.25 = $ 12000000 + receivables
$15000000 = $12000000 + receivables
$15000000 - $12000000 = receivables
$ 3000000 = receivables