The Dry Dock has inventory of $431,700, accounts payable of $94,200, cash of $51,950, and accounts receivable of $103,680.What is the cash ratio?
A).64
B).55
C).53
D).98
E)1.34

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The Answer of The Dry Dock has inventory of $431,700, accounts payable of $94,200, cash of $51,950, and accounts receivable of $103,680.What is the cash ratio?
A).64
B).55
C).53
D).98
E)1.34

The Dry Dock Has Inventory of $431,700, Accounts Payable of $94,200