This topic contains a solution. Click here to go to the answer

Author Question: The Cowboy Shop has current liabilities of 151,200; cash in the amount 13,900; securities valued at ... (Read 78 times)

AEWBW

  • Hero Member
  • *****
  • Posts: 579
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



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

leannegxo

  • Sr. Member
  • ****
  • Posts: 374
Answer to Question 1

A

Answer to Question 2

1




AEWBW

  • Member
  • Posts: 579
Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)


Perkypinki

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

For a complete list of videos, visit our video library