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Author Question: Kramer Industries has cash of $39,000; net Accounts Receivable of $45,000; short-term investments of ... (Read 262 times)

mia

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Kramer Industries has cash of $39,000; net Accounts Receivable of $45,000; short-term investments of $12,000 and inventory of $31,000. It also has $30,000 in current liabilities and $57,000 in long-term liabilities. What is the current ratio for Kramer Industries?
◦ 4.23
◦ 2.58
◦ 3.20
◦ 1.90


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Marked as best answer by mia on Feb 18, 2020

cloudre37

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mia

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Reply 2 on: Feb 18, 2020
Great answer, keep it coming :)


diana chang

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Reply 3 on: Yesterday
Excellent

 

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