Homework Clinic

Social Science Clinic => Accounting => Topic started by: bclement10 on Feb 18, 2020

Title: Fischers Inc. has cash of $63,000; net Accounts Receivable of $77,000; short-term investments of ...
Post by: bclement10 on Feb 18, 2020

Fischers Inc. has cash of $63,000; net Accounts Receivable of $77,000; short-term investments of $20,000 and inventory of $68,000. It also has $47,000 in current liabilities and $73,000 in long-term liabilities. What is the current ratio for Fischers Inc.?
◦ 1.34
◦ 4.85
◦ 1.55
◦ 3.40

Title: Fischers Inc. has cash of $63,000; net Accounts Receivable of $77,000; short-term investments of ...
Post by: cupcake16 on Feb 18, 2020

4.85