Assume cash is $150, short-term marketable securities are $50 accounts receivable are $350, inventories are $275, current

Question:

Assume cash is $150, short-term marketable securities are $50 are
$350, inventories are $275, current liabilities are $65, and total liabilities are $100.

Required:
1. What is the current ratio?
2. What is the quick ratio?
3. What is the cash ratio?

Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...