Espinoza Air Conditioning & Heating had the following select financial data as of June 30, 2024. What
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Espinoza Air Conditioning & Heating had the following select financial data as of June 30, 2024.
What is Espinoza’s cash ratio?
a. 0.34
b. 0.65
c. 0.78
d. 1.54
Transcribed Image Text:
Cash Cash Equivalents Accounts Receivable Total current liabilities $ 10,000 8,850 3,700 29,000
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Related Book For
Horngrens Financial And Managerial Accounting The Managerial Chapters
ISBN: 9781292412337
7th Global Edition
Authors: Tracie Miller Nobles, Brenda Mattison, Ella Mae Matsumura
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