A company has $100,00 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?
A company has $100,00 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?
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