Balance Sheet Calculation quiz level 1

A portion of a company’s balance sheet appears in the following table :

Cash                                       4,000
Marketable securities    17,000
Accounts receivable       225,000
Inventory                            229,000
Total current assets      475,000
Current liabilities          339,000

The company’s quick ratio is closest to:

Century Company’s balance sheet follows :

Century’s balance sheet presentation is known as :

Selected balance sheet data for Parker Company are as follows :

On a common-size balance sheet, Parker's current liabilities would be stated as :

A company has total liabilities of  35 million and totalstockholders’ equity of  55 million. Total liabilities arerepresented on a vertical common-size balance sheet by apercentage closest to:

Miller Corporation has 160,000 shares of common stock authorized. There are 92,000 shares issued and 84,000 shares outstanding. How many shares of treasury stock does Miller own ?

Ascot Corporation has 4 million shares of common stock authorized, 2.4 million shares of common stock issued, and 1.8 million shares of common stock outstanding. How many shares of treasury stock does Ascot own and is the treasury stock reported as an asset in Ascot's balance sheet ?