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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
Ironworks, Inc. has a cash balance of $80,000; short-term investments of $20,000; net receivables of $60,000; and inventory of $450,000. Current liabilities total $200,000. Red Line's current ratio is:
A) 3.05 to 1.
B) 2.75 to 1.
C) 0.80 to 1.
D) 0.70 to 1.
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Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
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largerthanlifelargerthanlife
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7 years ago
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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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