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Your Firm Has Cash of $3,800,accounts Receivable of $8,600,inventory of $33,100,and

Question 26

Multiple Choice

Your firm has cash of $3,800,accounts receivable of $8,600,inventory of $33,100,and net working capital of $1,100.What is the cash ratio?

A) 0.08
B) 0.09
C) 0.90
D) 1.21
E) 3.45

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