Question
Dean has $5,000 cash, $15,000 short-term CDs, and a condo worth $150,000. His short-term liabilities include: Master credit card balance: $3,500 Visa credit card balance:
Dean has $5,000 cash, $15,000 short-term CDs, and a condo worth $150,000. His short-term liabilities include: Master credit card balance: $3,500 Visa credit card balance: $1,200 His long-term debt is $100,000 for the condo. What is his current ratio?
A. 0.19
B. 3.62
C. 1.62
D. 4.26
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Sources Of Value A Practical Guide To The Art And Science Of Valuation
Authors: Simon Woolley
1st Edition
0521737311, 978-0521737319
