Determine the value of cash equivalents given the following information: cash ratio = 2.5; cash = $1,500 ; current liabilities = $900
A) $850
B) $800
C) $750
D) $700
E) $650

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The Answer of Determine the value of cash equivalents given the following information: cash ratio = 2.5; cash = $1,500 ; current liabilities = $900
A) $850
B) $800
C) $750
D) $700
E) $650

Determine the Value of Cash Equivalents Given the Following Information