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Kramer Industries has cash of $39,000; net Accounts Receivable of $45,000; short-term investments of $12,000 and inventory of S31,000. It also has $30,000 in current
Kramer Industries has cash of $39,000; net Accounts Receivable of $45,000; short-term investments of $12,000 and inventory of S31,000. It also has $30,000 in current liabilities and S57,000 in long-term liabilities. What is the current ratio for Kramer Industries? 2.58 4.23 3.20 1.90
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