Question: The current ratio is: a. Current assets divided by current liabilities. b. Cash and short-term investments divided by current liabilities. c. Cash, short-term investments, and
The current ratio is:
a. Current assets divided by current liabilities.
b. Cash and short-term investments divided by current liabilities.
c. Cash, short-term investments, and accounts receivable divided by current liabilities.
d. Cash, short-term investments, accounts receivable, and inventory divided by current liabilities.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
