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    College Accounting
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    Exam 23: Financial Statement Analysis
  5. Question
    A Company Has Total Assets of $158,000, Current Assets of $92,000
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A Company Has Total Assets of $158,000, Current Assets of $92,000

Question 94

Question 94

Multiple Choice

A company has total assets of $158,000, current assets of $92,000, total liabilities of $68,000, and current liabilities of $36,000. What is the current ratio?


A) 1.4 to 1
B) 2.3 to 1
C) 2.6 to 1
D) 2.1 to 1

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