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Cheshire, Inc. has a cash balance of $84,000; short-term investments of $25,000; not receivables of $59,000; and inventory of $420,000. Current liabilities total $190,000. What
Cheshire, Inc. has a cash balance of $84,000; short-term investments of $25,000; not receivables of $59,000; and inventory of $420,000. Current liabilities total $190,000. What is Cheshire's current ratio? (Round your final answer to two decimal places.) A. 3.09 to 1 OB. 0.75 to 1 O c. 2.78 to 1 OD. 0.88 to 1
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