Solved
A Retailer Has $100,000 in Cash,$300,000 in Accounts Receivable,$500,000 in Inventory,$200,000
Multiple Choice
A retailer has $100,000 in cash,$300,000 in accounts receivable,$500,000 in inventory,$200,000 in marketable securities,and $800,000 in total current liabilities.What is its current ratio?
A) 0.375
B) 0.5
C) 1.125
D) 1.375
Correct Answer:
Verified
Correct Answer:
Verified
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