[Solved] A Company Has a Cash Ratio of 2

Question 183
Multiple Choice

A company has a cash ratio of 2.3.What does this imply?

A)The company has an unnecessarily large amount of cash supply.
B)The company does not have enough cash supply.
C)The company is not in a position to pay off its long-term liabilities.
D)The company is not in a position to pay off its current liabilities.

10+ million students use Quizplus to study and prepare for their homework, quizzes and exams through 20m+ questions in 300k quizzes.


Explore our library and get Accounting Homework Help with various study sets and a huge amount of quizzes and questions


Study sets





Upload material to get free access

Upload Now Upload Now
Upload Now

Invite a friend and get free access

Upload NowInvite a friend
Invite a friend

Subscribe and get an instant access

See our plansSee our plans
See our plans