Calculate the Current Ratio Given the Following Information: Cash =

question 10

Multiple Choice

Calculate the current ratio given the following information: cash = $12,000; total current assets = $28,000; cash ratio = 0.375.

• A) 0.575
• B) 0.675
• C) 0.775
• D) 0.875
• E) 0.975

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Definitions:

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