Sparrow Group has a cash balance of $76,000; short-term investments of $18,000; net receivables of $65,000; and

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Sparrow Group has a cash balance of $76,000; short-term investments of $18,000; net receivables of $65,000; and inventory of $490,000. Current liabilities total $230,000. What is Sparrow's current ratio?

A. 0.66 to 1

B. 0.75 to 1

C. 3.15 to 1

D. 2.87 to 1

Posted Date: Dec 16, 2021 09:54 AM

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Sparrow Group has a cash balance of $76,000; short-term investments of $18,000; net receivables of $65,000; and

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