A company has cash, $85,000; temporary investments, $30,000; net receivables, $60,000; and inventory, $350,000. Current liabilities are $300,000. The current ratio is
A) 0.58 to 1.
B) 0.74 to 1.
C) 1.75 to 1.
D) 1.86 to 1.
Correct Answer:
Verified
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