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Which of the following is the correct formula for calculating the cash ratio? a. Cash ratio = (Cash + Cash equivalents) Total assets b. Cash
Which of the following is the correct formula for calculating the cash ratio?
a. Cash ratio = (Cash + Cash equivalents) Total assets | ||
b. Cash ratio = (Cash + Bank) Total liabilities | ||
c. Cash ratio = (Bank + Cash equivalents) Total current liabilities | ||
d. Cash ratio = (Cash + Cash equivalents) Total current liabilities |
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