Question
Team Go's balance sheet items are below. What is their current ratio? Cash 240,000 AP 400,000 Mkt. Sec. 60,000 Notes Pay. 180,000 AR 460,000 Accruals
Team Go's balance sheet items are below. What is their current ratio?
Cash | 240,000 | AP | 400,000 |
Mkt. Sec. | 60,000 | Notes Pay. | 180,000 |
AR | 460,000 | Accruals | 140,000 |
Inventory | 200,000 |
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Financial ACCT2
Authors: Norman H. Godwin, C. Wayne Alderman
2nd edition
9781285632544, 1111530769, 1285632540, 978-1111530761
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