Cash $280,000 Marketable Securities 131,000 Accounts and Notes Receivable (net) 395,000 Inventories 570,000 Prepaid Expenses 19,000 Accounts and Notes Payable (short-term) 250,000 Accrued Liabilities 60,000 What is the Current Ratio

Current Ratio=4.5

Explanation:

Current Ratio = Current Assets / Current Liabilities

Current assets = Cash + Marketable Securities + Accounts and Notes Receivable+  Inventories +  Prepaid expenses

= $280,000 +$131,000 + $395,000  + $570,000 +  19,000=$1,395,000

Current liabilities = Accounts and Notes Payable (short-term) + Accrued Liabilities

=$250,000 + $60,000= $310,000

Current ratio = $1,395,000 /  $310,000= Current Ratio

first one

explanation:

rational decision making is a multi-step process for making choices between alternatives. the process of rational decision making favors logic, objectivity, and analysis over subjectivity and insight. the word “rational” in this context does not mean sane or clear-headed as it does in the colloquial sense.

hope this