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A company has $200 in cash, $500 in accounts receivable, and $700 in inventory. If current liabilities are $400, then the current ratio would be
A company has $200 in cash, $500 in accounts receivable, and $700 in inventory. If current liabilities are $400, then the current ratio would be
a.3.50 to 1.
b.3.00 to 1.
c.1.75 to 1.
d.2.25 to 1.
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Audit Workbook
Authors: Azhar Ul Haque Sario
1st Edition
B0C9SG1YC6, 979-8851207891
