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Brief Exercise 4-18 (Static) Calculate the ratio of cash to noncash For each company, calculate the ratio of cash to noncash assets. (Round percentag
Brief Exercise 4-18 (Static) Calculate the ratio of cash to noncash For each company, calculate the ratio of cash to noncash assets. (Round percentag Total Total Cash Assets Liabilities Tuohy Incorporated $4,200 $23,400 $3,600 Oher Corporation 3,500 25,700 6,200 Cash Noncash Assets Ratio Tuohy Incorporated $ 4,200+ $ 19,200 = % Oher Corporation $ 3,500 +$ 22,200 = 10 %
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