Use the following financial statements to answer the Questions

MCH Corp. Income Statement
Sales	$ 500
COGS	300
Gross Profit	200
Operating Expenses	100
Depreciation	25
EBIT	125
Interest Expense	15
EBT	110
Taxes	25
NI	85
Dividends	0
RE	$85

MCH Corp. Balance Sheet
Cash and Equivalents	$50
Accounts Receivable	100
Inventory	75
Net Fixed Assets	75
Total Assets	$300
Accounts Payable	$35
Short-Term Notes Payable	5
Accruals	10
Long-Term Debt	150
Total Liabilities	$200
Total Shareholders Equity	$100
Liabilities and Shareholders Equity	$300

What is the cash ratio?

	a.	22.22%
	b.	16.67%
	c.	33.33%
	d.	6.67%

What is the days' cash held?

	a.	21.91 days
	b.	36.52 days
	c.	74.34 days
	d.	60.83 days

What is the net liquid balance?

	a.	$35
	b.	$45
	c.	$40
	d.	$15