A company has cash of $800,current liabilities of $500,and long-term liabilities of $600.If the cash ratio is 2.5,then how much must marketable securities be?
A) $450
B) $700
C) $800
D) $2,000
Correct Answer:
Verified
Q84: A company has long-term assets of $2,000,current
Q85: A company has total assets of $350,000
Q86: Go Cars has $200 in cash,$500 in
Q87: Which of the following is NOT classified
Q88: What is included in the amount of
Q90: What is the impact on the accounting
Q91: Match the following terms with the appropriate
Q92: What is the impact on the accounting
Q93: GTX Corp.has $100,000 in cash,$40,000 in inventory,$25,000
Q94: In what time period must the commitment
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