Question: Which statement is likely true for a company with a cash ratio close to 1.95? Multiple Choice Payroll may be difficult to meet Sufficient money

Which statement is likely true for a company with a cash ratio close to 1.95?

Multiple Choice

  • Payroll may be difficult to meet
  • Sufficient money exists for capital projects
  • Collection agencies are likely to call
  • Lines of credit can be easily repaid

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