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A company has the following information. What is the cash ratio? Accounts payable $167,500 Total current liabilities 214,000 Prepaid expenses 18,400 Cash and marketable securities
A company has the following information. What is the cash ratio?
| Accounts payable | $167,500 |
| Total current liabilities | 214,000 |
| Prepaid expenses | 18,400 |
| Cash and marketable securities | 93,500 |
| Total current assets | 637,000 |
| Inventory | 332,000 |
0.56
0.44
1.71
1.82
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Finance Of International Trade
Authors: Eric Bishop
1st Edition
0750659084, 978-0750659086
