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    Using Financial Accounting Study Set 1
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    Exam 9: Current Liabilities, Contingencies, and the Time Value of Money
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    If Current Assets Amount to $150, Total Assets $350, Current
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If Current Assets Amount to $150, Total Assets $350, Current

Question 144

Question 144

Multiple Choice

If current assets amount to $150, total assets $350, current liabilities $65, and total liabilities $100, then the current ratio is


A) 3.03 to 1
B) 2.12 to 1
C) 2.31 to 1
D) 3.50 to 1

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