A company has cash of $221,000; short-term investments of $54,000; net receivables of $75,000; and inventory of $103,000. Current liabilities total $83,000. The current ratio is: (Round your answer two decimal places.)
A) 4.22:1.
B) 4.55:1.
C) 5.46:1.
D) 4.81:1.
Correct Answer:
Verified
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