Multiple Choice
Calculate the current ratio of the organization from the information given below. Sales = $200,000; Gross Profit = $40,000; Total Assets = $450,000; Current Assets = $250,000; Current Liabilities = $300,000
A) 0.44
B) 0.56
C) 0.67
D) 0.83
Correct Answer:
Verified
Correct Answer:
Verified
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