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Feiler Corporation Has Total Current Assets of $483,000, Total Current

Question 168

Multiple Choice

Feiler Corporation has total current assets of $483,000, total current liabilities of $347,000, total stockholders' equity of $1,057,000, total plant and equipment (net) of $1,031,000, total assets of $1,514,000, and total liabilities of $457,000. The company's current ratio is closest to:


A) 0.32
B) 0.30
C) 1.39
D) 0.95

Correct Answer:

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