Business, 03.12.2019 23:31 janessa0804
The financial statements of denison furniture company include the following items: 2019 2018 cash $53,500 $53,000 short-term investments 29,000 15,000 net accounts receivable 92,000 105,000 merchandise inventory 162,000 142,000 total assets 532,000 551,000 total current liabilities 235,000 215,000 long-term note payable 62,000 60,000 what is the 2019 cash ratio?
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