Multiple Choice
Monkee's Company has current assets of $45000 current liabilities of $50000 long-term assets of $90000 and long-term liabilities of $40000. Monkee's Company's working capital and its current ratio are:
A) $45000 and .90:1.
B) $5000 and 1.50:1.
C) $5000 and .90:1.
D) ($5000) and .90:1.
Correct Answer:

Verified
Correct Answer:
Verified
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