Business

Teresa Manning

7 July, 11:05

A company has $100,000 in cash, $300,000 in accounts receivable, $50,000 in inventory and a $300,000 office building. its current liabilities are $250,000. what is the company's current ratio, and does that ratio good short-term financial strength?

+3

Answers (1)

Know the Answer?

Not Sure About the Answer?

Get an answer to your question ✅ “A company has $100,000 in cash, $300,000 in accounts receivable, $50,000 in inventory and a $300,000 office building. its current ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.

Search for Other Answers

You Might be Interested in

In June, Erie Plastics had an ending cash balance of $55,000. In July, the firm had total cash receipts of $70,000 and total cash disbursements of $10,000. The minimum cash balance required by the firm is $25,000.

In accordance with scrum theory, how should a group of 100 people be divided into multiple development teams?

Hayes Corporation has $290 million of common equity on its balance sheet and 5,000,000 shares of common stock outstanding. The company's Market Value Added (MVA) is $165 million. What is the company's stock price?

If the cross-price elasticity of demand for two goods is 1.25, then the two goods are luxuries. the two goods are substitutes. one of the goods is normal and the other good is inferior.

An effective incentive pay plan should: select one: a. have performance measures based on employees' requirements. b. not be provided as a direct percentage of employees' performance. c.

New Questions in Business

A rapid build up of inventories normally requires additional financing, unless the increase is matched by an equally large decrease in some other assets. True False

Amy has recently joined a new research institute. She had initially thought that her job would entail a lot of field work, which would allow her to gain some practical experience, but her manager just gives her a lot of paperwork instead.

Mrs. watson believes that all immigrants should go back to the country they came from, and she refuses to hire any for her floral business. this is an example of:

Ncua what is their purpose

A medical clinic performs three types of medical tests that use the same machines. tests a, b, and c take 15 minutes, 30 minutes, and 1 hour, respectively, with respective profits of $110, $240, and $490.