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The Conference Center Has Cash of $7800, Accounts Receivable of $15600

Question 13

Multiple Choice

The Conference Center has cash of $7800, accounts receivable of $15600, inventory of $48,850, and net working capital of $ 5,000.What is the cash ratio?


A) ..08
B) ..12
C) .15
D) .42
E) .45

Correct Answer:

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