Solved

Monkee's Company Has Current Assets of $45000 Current Liabilities of $50000

Question 109

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:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions