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Green Hornet Inc. has inventory of $6,400; total current liabilities of $18,750; net fixed assets of $5,000; accounts receivable of $4,000; cash of $10,000; and
Green Hornet Inc. has inventory of $6,400; total current liabilities of $18,750; net fixed assets of $5,000; accounts receivable of $4,000; cash of $10,000; and long-term debt of $3,000. Calculate the firms current ratio.
Points: 1
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1.09
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1.17
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1.35
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1.50
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