Register
A company has $100,000 in cash, $300,000 in accounts receivable, $50,000 in inventory and a $300,000 office building. its current liabilities are $250,000. what is the company's current ratio, and does
109k views
4 votes
A company has $100,000 in cash, $300,000 in accounts receivable, $50,000 in inventory and a $300,000 office building. its current liabilities are $250,000. what is the company's current ratio, and does that ratio good short-term financial strength?

User Robert Harris
by
8.7k points

1 Answer

3 votes
CR=750/250=3
that ratio is very good
User AhiyaHiya
by
8.1k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is the best way to describe a stock market?
You sell popcorn during your schools football games. Knowing that the people usually buy more when the price is lower, how would you price your popcorn after halftime?
The government’s involvement in economy serves what two purposes?
Link Copied!