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  3. Study Set
    Intermediate Accounting
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    Exam 3: The Balance Sheet and Notes to the Financial Statements
  5. Question
    Information from Blain Company's Balance Sheet Is as Follows: Current
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Information from Blain Company's Balance Sheet Is as Follows: Current

Question 9

Question 9

Multiple Choice

Information from Blain Company's balance sheet is as follows: Current assets:
Information from Blain Company's balance sheet is as follows: Current assets:   What is Blain's current ratio? A)  0.26 to 1 B)  0.30 to 1 C)  1.80 to 1 D)  3.60 to 1
What is Blain's current ratio?


A) 0.26 to 1
B) 0.30 to 1
C) 1.80 to 1
D) 3.60 to 1

Correct Answer:

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