Question
please show work A company with working capital of $340,000 and a current ratio of 1.1 pays $2,100,000 of its current liabilities using cash. What
please show work
A company with working capital of $340,000 and a current ratio of 1.1 pays $2,100,000 of its current liabilities using cash. What is the current ratio immediately after the $2,100,000 payment?
Select one:
a.
2.88
b.
1.26
c.
12.47
d.
1.1
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Business and Administrative Communication
Authors: Kitty o. locker, Donna s. kienzler
10th edition
77830105, 978-0077830106, 978-0073403182
