Question
The financial statements of Denison Furniture Company include the following? items: 2019 2018 Cash ? $60,500 ? $55,000 Shortminus?term Investments ?28,000 ?11,000 Net Accounts Receivable
The financial statements of Denison Furniture Company include the following? items:
| 2019 | 2018 | |
| Cash | ? $60,500 | ? $55,000 |
| Shortminus?term Investments | ?28,000 | ?11,000 |
| Net Accounts Receivable | ? 98,000 | ?99,000 |
| Merchandise Inventory | ?164,000 | ?149,000 |
| Total Assets | ?533,000 | ?552,000 |
| Total Current Liabilities | ?233,000 | ?219,000 |
| ?Long-term Note Payable | ?61,000 | ?54,000 |
What is the 2019 cash? ratio? (Round your answer to two decimal? places)
A.0.38
B.0.21
C.0.26
D.0.11
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The Supervisory Mechanism Of Corporate Governance In China Supervisory Board And Audit Committee
Authors: Pao-Chen Lee
1st Edition
6205501945, 978-6205501948
