Shea Air Conditioning & Heating had the following select financial data as of June 30,...
90.2K
Verified Solution
Link Copied!
Question
Accounting
Shea Air Conditioning & Heating had the following select financial data as of June 30, 2016. Cash 9,500 Cash Equivalents 37,250 Accounts Receivable 3,500 Total current liabilities 55,000 What is Shea's cash ratio0? OA 1.18 O B. 091 O C. 0.85 O D. 0.17
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
