The Top Part of Mars, Inc What Are Mars, Inc

question 44

Multiple Choice

The top part of Mars, Inc.'s 2013 balance sheet is listed as follows (in millions of dollars) . $$\begin{array} { l r c r } \text { Current assets: } & & \text { Current liabilities: } & \\\text { Cash and marketable } & & \text { Accrued wages and } & \\\text { securities } & \$ 10 & \text { taxes } & \$ 20 \\\text { Accounts receivable } & 40 & \text { Accounts payable } & 30 \\\text { Inventory } & 160 & \text { Notes payable } & 40 \\\text { Total } & \$ 210 & \text { Total } & \$ 90\end{array}$$ What are Mars, Inc.'s current ratio, quick ratio, and cash ratio for 2013?

• A)0.1111, 0.5556, 0.2
• B)2.3333, 0.5556, 0.1111
• C)4.2, 1.0, 0.2
• D)10.5, 6.0, 1.0

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