Question
A company has $10,000 in Cash, $50,000 in Accounts Receivables and $60,000 in Inventory. If its current ratio is 2.0, how much does it have
A company has $10,000 in Cash, $50,000 in Accounts Receivables and $60,000 in Inventory. If its current ratio is 2.0, how much does it have in Current Liabilities?
Group of answer choices
Not enough information.
$50,000
$60,000
$240,000
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Investments
Authors: Zvi Bodie, Alan J. Marcus, Alex Kane
6th Edition
0072861789, 9780072861785
