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Home Q & A Board Other Fields Homework Help Business Accounting
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bravata bravata
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7 years ago
Cypress Cruises 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. The quick 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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bravata Author
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7 years ago
Brilliant ツ
kiara23247843
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You make an excellent tutor!
SUmmerPeople
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2 hours ago
Smart ... Thanks!
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