What Is the Current Ratio If Cash Is $10,000,accounts Receivable

question 20

Multiple Choice

What is the current ratio if cash is $10,000,accounts receivable are $25,000,inventories are $30,000,accounts payable are $40,000,and accrued payroll is $15,000?

• A) 2.00
• B) 1.18
• C) 1.13
• D) 0.64
• E) 0.73

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