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Mimic Copy Center has Cash of $600, Accounts Receivable of $1,000, and Office Supplies of $200. Mimic owes $500 on Accounts Payable and has Salaries
Mimic Copy Center has Cash of $600, Accounts Receivable of $1,000, and Office Supplies of $200. Mimic owes $500 on Accounts Payable and has Salaries Payable of $100. Mimi's current ratio is (Round the current ratio to two decimal places)
A. 0.50
O B. 3.00
O C. 0.33
O D. 5.33
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