How is the cash ratio calculated? a. (Cash + Marketable securities)/ Current liabilities b. Current assets/Current liabilities
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How is the cash ratio calculated?
a. (Cash + Marketable securities)/ Current liabilities
b. Current assets/Current liabilities
c. Cash flows from operating activities/ Current liabilities
d. (Cash + Marketable securities + Accounts receivable)/Current liabilities
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Related Book For
Cornerstones Of Financial Accounting
ISBN: 9780176707125
2nd Canadian Edition
Authors: Jay Rich, Jefferson Jones, Maryanne Mowen, Don Hansen, Donald Jones, Ralph Tassone
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