Question: S-F:7-11 Computing the cash ratio Learning Objective 7 Rasmussen Banners reported the following figures in its financial statements: Cash Cash Equivalents Total Current Liabilities

S-F:7-11 Computing the cash ratio Learning Objective 7 Rasmussen Banners reported the

S-F:7-11 Computing the cash ratio Learning Objective 7 Rasmussen Banners reported the following figures in its financial statements: Cash Cash Equivalents Total Current Liabilities Compute the cash ratio for Rasmussen Banners. $ 28,800 2,200 24,800

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