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  3. Study Set
    Financial Accounting Study Set 1
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    Exam 9: Current Liabilities, Contingencies, and the Time Value of Money
  5. Question
    A Company Has $200 in Cash, $500 in Accounts Receivable
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A Company Has $200 in Cash, $500 in Accounts Receivable

Question 130

Question 130

Multiple Choice

A company has $200 in cash, $500 in accounts receivable, and $700 in inventory.If current liabilities are $400, then the current ratio would be


A) 1.75 to 1
B) 2.25 to 1
C) 3.00 to 1
D) 3.50 to 1

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