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Picasso Painters has cash of $300, Accounts Receivable of $1,000, and Office Supples of $600. Picasso owes $100 on Accounts Payable and has salaries Payable
Picasso Painters has cash of $300, Accounts Receivable of $1,000, and Office Supples of $600. Picasso owes $100 on Accounts Payable and has salaries Payable of $400. Picasso's current ratio is?
A. 1.30
B. 3.80
C. 0.60
D. 0.26
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