Question
Wonderland, Inc. has $53,000 in cash; $11,000 in Accounts Receivable; $27,000 in short - term investments, and $100,000 in merchandise inventory. The company also
Wonderland, Inc. has $53,000 in cash; $11,000 in Accounts Receivable; $27,000 in short - term investments, and $100,000 in merchandise inventory. The company also has $57,000 in current liabilities. What is Wonderland's current ratio? (Round your final answer to two decimal places.) O A. 1.60 O B. 3.35 OC. 1.12 O D. 0.93
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Managerial Accounting
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978-0073379616, 73379611, 978-0697789938
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