A company has $200 in cash, $500 in accounts receivable, and $700 in inventory. If current...

 

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A company has $200 in cash, $500 in accounts receivable, and $700 in inventory. If current liabilities are $400, then the current ratio would be a. 1.75 to 1 b.3.50 to 1 c.3.00 to 1 d.2.25 to 1 A company has $200 in cash, $500 in accounts receivable, and $700 in inventory. If current liabilities are $400, then the current ratio would be a. 1.75 to 1 b.3.50 to 1 c.3.00 to 1 d.2.25 to 1

Answer rating: 100% (QA)

The current ratio is calculated by dividing current assets by c... View the full answer