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:

Verified
Correct Answer:
Verified
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