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Author Question: The Cowboy Shop has current liabilities of 151,200; cash in the amount 13,900; securities valued at ... (Read 71 times)

AEWBW

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on: Jun 24, 2018
The Cowboy Shop has current liabilities of 151,200; cash in the amount 13,900; securities valued at 95,250; and accounts receivable of 157,300. Calculate the acid test ratio. (Round to the nearest hundredth)
 A) 1.76:1
  B) 1.53:1
  C) .57:1
  D) .93:1

Question 2

Convert the percent to a reduced fraction, mixed number, or whole number: 100


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leannegxo

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Reply #1 on: Jun 24, 2018
Answer to Question 1

A

Answer to Question 2

1


AEWBW

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

scottmt

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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