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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
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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
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1 Answer

3 votes
CR=750/250=3
that ratio is very good
User AhiyaHiya
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