current ratio is 1.3, and its quick ratio is 1.0. If its current liabilities are $11,700, what are its

1.A firm’s current ratio is 1.3, and its quick ratio is 1.0. If its current liabilities are $11,700, what are its inventories?

2.which of the following is least likely to be on the annual report. a. financial tables b. audited financial statements c. ratio analysis of other firms in the same industry d. discussions of the firms product lines, its service to customers

Brighton Corp. bought an oil rig exactly 6 years ago for $108,000,000. Brighton depreciates oil rigs straight line over 10 years assuming no salvage value. The rig was just sold to British Petroleum for $27,000,000. What Capital Gain/Loss will Brighton report on this transaction?