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The following information is provided for Holiday, Inc.:Cash$ 19Interest expense$ 61Cost of ...

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7 years ago

The following information is provided for Holiday, Inc.:Cash$ 19Interest expense$ 61Cost of ...

The following information is provided for Holiday, Inc.:
   Cash   $ 19   Interest expense   $ 61
   Cost of sales   2,755   Inventory   703
   Current liabilities   1,141    Other current assets   141
   Income taxes   186   Receivables   606
   Income from      Sales   5,004
    operations   575   Trading securities   109
What is the current ratio?
A) 1.38 to 1
B) 1.26 to 1
C) .72 to 1
D) .64 to 1

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ʎddɐɥ Author

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7 years ago

Smart ... Thanks!

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