Multiple Choice
Jeminson's Hardware has accounts payable of $682, inventory of $3,608, cash of $340, fixed assets of $4,211, accounts receivable of $418, and long-term debt of $3,750. What is the value of the
Net working capital to total assets ratio?
A) .29
B) .37
C) .43
D) .47
E) .56
Correct Answer:
Verified
Correct Answer:
Verified
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