Marketing MCQ
Marketing Chapter 12
A retailer has $100,000 in cash, $300,000 in accounts receivable, $500,000 in inventory, $200,000 in marketable securities, and $800,000 in total current liabilities. What is its current ratio?
A retailer has $100,000 in cash, $300,000 in accounts receivable, $500,000 in inventory, $200,000 in marketable securities, and $800,000 in total current liabilities. What is its current ratio?
A retailer has $100,000 in cash, $300,000 in accounts receivable, $500,000 in inventory, $200,000 in marketable securities, and $800,000 in total current liabilities. What is its current ratio?
a. 0.375
b. 0.5
c. 1.125
d. 1.375
Answer: D
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