Question: I am searching for the correct answer to this general accounting problem with proper accounting rules. A balance sheet shows cash, $50,000; marketable securities, $120,000;

I am searching for the correct answer to this general accounting problem with proper accounting rules.

A balance sheet shows cash, $50,000; marketable securities, $120,000; receivables, $80,000; and $150,000 of inventories. Current liabilities are $180,000. The current ratio is 1.25 to 1. a) True b) False

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