Question: With this partial Balance Sheet data, find the Cash Ratio; Cash = $280 Accounts payable = $1,570 Accruals = $230 Notes Payable = $200 Accounts

With this partial Balance Sheet data, find the Cash Ratio;

Cash = $280
Accounts payable = $1,570
Accruals = $230
Notes Payable = $200
Accounts receivables = $1,100
Long-term debt = $1,150
Inventory = $1,960

Group of answer choices

0.79

0.75

0.50

1.67

0.14

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