In addition to the information contained in Table 4-4, you know that t

In addition to the information contained in Table 4-4, you know that the current ratio for 2010 is 4
and that the corporation paid $11,600 in dividends in 2010. What is Wes Donnell’s cash balance for
2010?

A) $6,500 B) $2,500 C) $4,000 D) $13,600

 

 

ANSWER

C

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