The Cash ratio is equal to:
A) Cash and cash equivalents divided by Current Liabilities.
B) Cash and cash equivalents divided by Current Assets
C) Operating cash flow divided by Current Liabilities.
D) Operating cash flow divided by Net working capital.
E) Net working capital divided by Current Liabilities.
Correct Answer:
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Q14: Which of the following are included in
Q15: A(n) _ asset is one which can
Q16: _ is calculated by adding back non-cash
Q17: Which one of the following accounts is
Q18: An increase in total assets:
A)means that net
Q20: Noncash items refer to:
A)the credit sales of
Q21: Depreciation:
A)is a noncash expense that is recorded
Q22: Which of the following accounts are included
Q23: According to International Accounting Standards,
A)income is recorded
Q24: Which of the following statements concerning the
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