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Refer to the Following Selected Financial Information from Frankle Corp             ~~~~~~~~~~~~

Question 225

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Refer to the following selected financial information from Frankle Corp.Compute the company's current ratio. Clivent Assets             ~~~~~~~~~~~~ 306,450
Plarit assets                ~~~~~~~~~~~~~~~ 388,000
Current Liabilities       ~~~~~~ 107,800
Net sales                     ~~~~~~~~~~~~~~~~~~~~ 676,000
Net Income                 ~~~~~~~~~~~~~~~~ 75,000


A) 6.44.
B) 2.84.
C) 6.27.
D) 3.60.
E) 1.44.

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