A balance sheet shows cash, $75,000; marketable securities, $115,000; accounts receivable, $150,000 and $222,500 of inventories. Current liabilities are $225,000 . The current ratio is 2.5 to 1
a. True
b. False
Indicate whether the statement is true or false
True
Business
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Answer the following statement true (T) or false (F)
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Indicate whether the statement is true or false
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