ANSWER ME quickly !!!!!!
Anderson Printing has $25,000 cash, $11,000 in cash equivalents and $40,000 in current liabilities. What is their cash ratio? What does the ratio mean?
X no spam X
X no random answers X
BRAINIEST WILL GET MARKED
Answers
Answered by
1
Answer:
For example, if your year-end balances for cash, payroll checking, petty cash and money-market investments are $17,000, $5,000, $1,000 and $4,000, respectively, calculate the sum of those amounts. This equals $27,000 as your year-end cash and cash equivalents balance.
Similar questions