What is the current ratio if cash is $10,000, accounts receivable are
What is the current ratio if cash is $10,000, accounts receivable are $25,000, inventories are $30,000, accounts payable are $40,000, and accrued payroll is $15,000?
A) 2.00
B) 1.18
C) 1.13
D) 0.64
E) 0.73
ANSWER
B
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