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Home Q & A Board Other Fields Homework Help Business Accounting
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tivo tivo
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7 years ago
Piper Inc. has cash of $56,000; net Accounts Receivable of $67,000; short-term investments of $12,000 and inventory of $40,000. It also has $45,000 in current liabilities and $75,000 in long-term liabilities. The current ratio for Piper Inc. is:
A) 2.73.
B) 3.00.
C) 3.62.
D) 3.89.
Textbook 
Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
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antonio_johnantonio_john
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Massachusetts Institute of Technology
-- Accounting

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tivo Author
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#2
7 years ago
Thank you for helping me with my accounting homework, will ask again
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