Bamboo Industries,Inc

question 129

Multiple Choice

Bamboo Industries,Inc.,has $30,000 in cash and cash equivalents,$15,000 in short-term investments,$125,000 in net current receivables,$50,000 in inventory and $12,000 in prepaid expenses.The total current liabilities of the firm are $200,000.Bamboo Industries' current ratio is:

• A)0.85.
• B)0.91.
• C)1.10.
• D)1.16.

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Definitions:

Brevity

The quality of being concise and exact in use of words in writing or speech.

Practice

The repetitive execution of an activity or skill with the aim to improve proficiency and performance.

Title Slide

The introductory slide in a presentation or deck, typically including the presentation's title, presenter's name, and date.

Company Logo

A graphical mark or emblem used by businesses for identity and branding purposes.