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    Exam 2: Financial Statements and Ratio Analysis
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    What Is the Current Ratio If Cash Is $10,000,accounts Receivable
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What Is the Current Ratio If Cash Is $10,000,accounts Receivable

Question 20

Question 20

Multiple Choice

What is the current ratio if cash is $10,000,accounts receivable are $25,000,inventories are $30,000,accounts payable are $40,000,and accrued payroll is $15,000?


A) 2.00
B) 1.18
C) 1.13
D) 0.64
E) 0.73

Correct Answer:

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