The cash ratios of four companies are listed below. Company Cash Ratio Juan Corp. 0.21 Rose, Inc. 0.12 Freelance, Inc. 0.20 Pioneer Corp. 0.28 Which company has the highest ability to repay its current liabilities? A. Freelance, Inc. B. Juan Corp. C. Rose, Inc. D. Pioneer Corp.

The cash ratios of four companies are listed below. Company Cash Ratio Juan Corp. 0.21 Rose, Inc. 0.12 Freelance, Inc. 0.20 Pioneer Corp. 0.28 Which company has the highest ability to repay its current liabilities? A. Freelance, Inc. B. Juan Corp. C. Rose, Inc. D. Pioneer Corp.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

The cash ratios of four companies are listed below.

Company	Cash Ratio
Juan Corp.	0.21
Rose, Inc.	0.12
Freelance, Inc.	0.20
Pioneer Corp.	0.28

Which company has the highest ability to repay its current liabilities?

Freelance, Inc.

Juan Corp.

Rose, Inc.

Pioneer Corp.

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