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    Introductory Financial Accounting for Business Study Set 1
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    Exam 14: Financial Statement Analysis Available Online in Connect
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    Milton Company Has Total Current Assets of $50,000, Including Inventory
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Milton Company Has Total Current Assets of $50,000, Including Inventory

Question 125

Question 125

Multiple Choice

Milton Company has total current assets of $50,000, including inventory of $12,500, and current liabilities of $26,000. The company's current ratio is:


A) 0.52.
B) 1.92.
C) 2.40.
D) 1.44.

Correct Answer:

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