Food products inc has cash of 2 million short-term


Food Products, Inc. has cash of $2 million, short-term investments of $3 million, accounts receivable of $4 million, inventory of $5 million and plant, property, and equipment of $ $6 million. It’s current liabilities = $10 million and it’s total liabilities = $20 million. What is their current ratio?

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Financial Management: Food products inc has cash of 2 million short-term
Reference No:- TGS01209745

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