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Other Fields Homework Help Accounting Topic started by: bravata on Feb 21, 2017



Title: Perkins Company has $56,000 in cash; $12,000 in Accounts Receivable; $25,000 in short-term ...
Post by: bravata on Feb 21, 2017
Perkins Company has $56,000 in cash; $12,000 in Accounts Receivable; $25,000 in short-term investments and $100,000 in merchandise inventory. The company also has $60,000 in current liabilities. The company's current ratio is:
A) 0.933.
B) 1.550.
C) 1.133.
D) 3.217.


Title: Re: Perkins Company has $56,000 in cash; $12,000 in Accounts Receivable; $25,000 in short-term ...
Post by: antonio_john on Feb 21, 2017
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Title: Re: Perkins Company has $56,000 in cash; $12,000 in Accounts Receivable; $25,000 in short-term ...
Post by: bravata on Jul 12, 2017
Let me just say, you are awesome :D