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Here is some limited balance sheet information for Keen, Inc. Current Assets Cash $ 12,000 Short-term investments 90,000 Accounts receivable 86,000 Inventory 199,000 Prepaid expenses
Here is some limited balance sheet information for Keen, Inc.
Current Assets
Cash $ 12,000
Short-term investments 90,000
Accounts receivable 86,000
Inventory 199,000
Prepaid expenses 51,000
Total current assets $438,000
Total current liabilities are $152,000. The acid-test ratio (rounded to two decimals) for Keen is:
0.67 | ||
2.55 | ||
1.24 | ||
2.88 |
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