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9. A business survey in April 2020 reports that two out of five small businesses in the USA expect to run out of cash within
9. A business survey in April 2020 reports that two out of five small businesses in the USA expect to run out of cash within six weeks. And one in five small businesses say they will run out of cash within three weeks. Frank is the owner of a local fruit store in New York. The sales of his store also suffers recently due to the pandemic. He wants to know how long the store can pay its bills given the amount of cash the store currently has. Which one of the following ratios should he compute? A. Cash ratio B. Current ratio C. Debt ratio D. Cash coverage ratio E. Quick ratio
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