Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
bravata bravata
wrote...
Go to Answer
Posts: 1417
Rep: 1 0
7 years ago
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.
Textbook 
Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
Read 105 times
2 Replies
Replies
Answer verified by a subject expert
antonio_johnantonio_john
wrote...
#1
Top Poster
Posts: 898
Rep: 47 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1
Massachusetts Institute of Technology
-- Accounting

Related Topics

bravata Author
wrote...
#2
6 years ago
Let me just say, you are awesome Smiling Face with Open Mouth
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1305 People Browsing
 113 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 401
  
 577
  
 228
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 352
Previous poll results: Which 'study break' activity do you find most distracting?