Multiple Choice
If current assets are $60,000 and current liabilities are $10,000,the current ratio is:
A) 5:1.
B) 6:1.
C) 0) 6:1.
D) None of the above.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q26: A statement presenting data from two or
Q27: The income before taxes and interest expense
Q28: If the average collection period is 35
Q29: Net income was $60,000 in Year 1
Q30: Using just a base year and one
Q32: The reasons for changes in key ratios
Q33: The revenue of Carol's Environmental Services for
Q34: For each of the following items,
Q43: Define two types of comparative income statements
Q66: Asset management ratios measure:<br>A) a company's ability