Multiple Choice
A company has cash of $221,000; short-term investments of $54,000; net receivables of $75,000; and inventory of $103,000. Current liabilities total $83,000. The current ratio is: (Round your answer two decimal places.)
A) 4.22:1.
B) 4.55:1.
C) 5.46:1.
D) 4.81:1.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q17: The ratios that measure a company's ability
Q18: The higher the times interest earned ratio,
Q19: The current ratio and quick ratio are
Q20: When net income before taxes and interest
Q21: The current ratio determines the ability of
Q23: The gross profit rate is an example
Q24: The income before taxes and interest expense
Q25: The ratio that indicates the amount of
Q26: The liabilities of a company at the
Q27: A current ratio of 1.5 times would