menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Essentials of Contemporary Management Study Set 2
  4. Exam
    Exam 8: Control, Change, and Entrepreneurship
  5. Question
    Calculate the Current Ratio of the Organization from the Information
Solved

Calculate the Current Ratio of the Organization from the Information

Question 54

Question 54

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
E) 1.2

Correct Answer:

verifed

Verified

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

Related Questions

Q1: Using the controlling function, managers monitor and

Q49: Top-down change can co-opt resistance to change

Q50: The process by which managers monitor and

Q51: The financial ratio that indicates how efficiently

Q52: Entrepreneurship is the:<br>A) evolutionary approach to change

Q53: The final step in the control process

Q55: Organizational change affects organizational structure but not

Q56: Output control methods are effective in motivating

Q57: Top-down change is more gradual and evolutionary

Q58: When a divisional manager is evaluated based

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines