Liquidity ratio: Bathez Corp. has receivables of $334,227, inventory of $451,000, cash of $73,913, and accounts payables of $469,553. What is the firm's current ratio?
A) 1.83
B) 0.73
C) 1.67
D) None of the above
Answer: A
Liquidity ratio: Bathez Corp. has receivables of $334,227, inventory of $451,000, cash of $73,913, and accounts payables of $469,553. What is the firm's current ratio?
A) 1.83
B) 0.73
C) 1.67
D) None of the above
Answer: A