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Business, 27.02.2020 18:35, chahdhamdy
The seabury Corporation has a current ratio of 3.5 and an acid-test ratio of 2.8. The Corporations current assets consist of cash, marketable securities, accounts receivable, and inventories. Inventory equals $49,000. Seabury Corporation's current liabilities must be:
A. $70,000
B. $100,000
C. $49,000
D. $125,000
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Answers: 2
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The seabury Corporation has a current ratio of 3.5 and an acid-test ratio of 2.8. The Corporations c...
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