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Stimac Corporation has total cash of $275,000, no marketable securities, total current receivables of $346,000, total inventory of $177,000, total prepaid expenses of $66,000, total
Stimac Corporation has total cash of $275,000, no marketable securities, total current receivables of $346,000, total inventory of $177,000, total prepaid expenses of $66,000, total current assets of $864,000, total current liabilities of $300,000, total stockholders' equity of $2,314,000, total assets of $3,365,000, and total liabilities of $1,051,000. The company's acid-test (quick) ratio is closest to: |
2.88
2.07
2.29
1.88
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