The current ratio of a firm with current assets of $300,000, current liabilities of $100,000, and inventory of $100,000 is:
A) 1
B) 2
C) 3
D) 4
Correct Answer:
Verified
Q97: Which of the following is not a
Q98: It is common practice to group ratios
Q99: DOL = Percent change in unit sales
Q100: Internally generated funds for financing new asset
Q101: If a firm's sales are $2,000,000, its
Q103: Which one of the following types of
Q104: Which of the following statements about liquidity
Q105: Find the average payment period if accounts
Q106: The primary purpose of the liquidity ratios
Q107: _ evidence of the existence of a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents