You have the following information about a company: quick ratio = 0.85,inventory = $125,000 and current assets = $375,000.What is the company's current ratio?
A) 0.85
B) 1.05
C) 2.56
D) 1.28
Correct Answer:
Verified
Q31: Tax Table Q32: Your company has an average collection period Q33: Which of the following statements is not Q34: Given the following information,calculate the company's Current Q35: A company has sales of $250,000,cost of Q37: You have the following information about a Q38: A company has an average collection period Q39: In a given year a company decreased Q40: A company has sales of $1,250,000,cost of Q41: In order to identify the amount of
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