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Given the following Financial Statement information of Andante Co., what are the current ratio and cash ratio of the company? Cash and equivalents 20 Receivables
Given the following Financial Statement information of Andante Co., what are the current ratio and cash ratio of the company?
Cash and equivalents | 20 |
Receivables | 25 |
Inventory | 30 |
Fixed assets | 500 |
Total current liabilities | 60 |
Total short and long-term debt | 360 |
Total revenue (sales) | 980 |
Group of answer choices
1.25 and 0.69
1.15 and 0.69
1.15 and 0.33
1.25 and 0.33
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