| 36. Oreo Company has current assets of $20,000, current liabilities of $8,000, and long-term liabilities of $3,000. Oreo wants to buy new equipment. How much of its existing cash can Oreo use to acquire equipment without allowing its current ratio to decline below 2.0 to 1? A. $ 4,000 B. $ 8,000 C. $ 10,000 D. $ 12,000 | |
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