Williams Inc. has a current ratio equal to 3, a quick ratio equal to 1
Williams Inc. has a current ratio equal to 3, a quick ratio equal to 1.8, and total current assets of $6
million. Williams’ inventory balance is
A) $2,400,000. B) $4,000,000. C) $4,800,000. D) $2,000,000.
ANSWER
A
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