Multiple Choice
Your firm has cash of $3,800, accounts receivable of $9,600, inventory of $33,100, and net working capital of $1,100. What is the cash ratio?
A) 0.04
B) 0.08
C) 0.87
D) 1.21
E) 3.45
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q52: Peterboro Supply has a current accounts receivable
Q69: Tessler Farms has a return on equity
Q85: Martha's Sweet Shop reduced its fixed assets
Q95: A firm has a return on equity
Q96: Friendly's Shoe Store has earnings before interest
Q98: Denton, Inc. has total equity of $389,600,
Q99: Underwood Enterprises earns $0.07 in profit on
Q101: It takes The Corner Store an average
Q102: Cross Hairs Gun Shop has sales of
Q105: Common-size financial statements present all balance sheet