Calculate the Cash Ratio Given the Following Information: Current Ratio

question 292

Multiple Choice

Calculate the cash ratio given the following information: current ratio = 3; total current assets = $21,000; cash and cash equivalents = $2,380.

• A) 0.30
• B) 0.31
• C) 0.32
• D) 0.33
• E) 0.34

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Definitions:

Neurological Deficits

Neurological deficits are impairments in the functioning of the nervous system, which can affect cognitive, sensory, or motor abilities.

Mental Ability

Refers to the intellectual capability and efficiency of the brain to process information, solve problems and make decisions, analogous to cognitive ability.

Bender Gestalt II

A psychological assessment tool used to evaluate visual-motor integration skills, often used to detect developmental disorders.

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