Act II Costumes currently has $120,000 in cash, $340,000 in inventory, and $20,000 in accounts receivable. The company also has $20,000 in accounts payable, and $20,000 in other current liabilities. What is its current (or working capital) ratio?
a. 12: 1
b. 7:1
c. 4.75: 1
d. 9: 1
Answer: a. 12: 1
Business
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a. $40.00 b. $28.00 c. $41.48 d. $38.62
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The ________ function of a reporting system pushes reports or allows them to be pulled according to report management metadata
A) report authoring B) report monitoring C) report delivery D) report evaluation
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