Question
A financial analyst has obtained the following: Cash P200,000.00, Marketable securities P100,000.00, Accounts receivable, net P300,000.00, Inventories, net P480,000.00, Prepaid expenses P120,000.00, Accounts payable P250,000.00,
A financial analyst has obtained the following:
Cash P200,000.00, Marketable securities P100,000.00, Accounts receivable, net P300,000.00, Inventories, net P480,000.00, Prepaid expenses P120,000.00, Accounts payable P250,000.00, Income Taxes P50,000.00, Accrued liabilities P100,000.00, Current portion of long term debt P200,000.00. Calculate the Companys cash ratio
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Todays Mood Is Sponsored By Auditing
Authors: Ruby Publishing
1st Edition
B08BG52SST, 979-8655512771
