Multiple Choice
Company A has current assets of $42 billion and current liabilities of $31 billion.Company B has current assets of $2.7 billion and current liabilities of $1.8 billion.Which of the following statements is correct,based on this information?
A) Company A is less likely than Company B to have sufficient working capital to meet its short-term needs.
B) Company A has greater leverage than Company B.
C) Company A has less leverage than Company B.
D) Company A and Company B have roughly equivalent enterprise values.
Correct Answer:

Verified
Correct Answer:
Verified
Q9: Use the table for the question(s) below.<br>AOS
Q12: Which ratio would you use to measure
Q45: What is the role of an auditor
Q89: The management of public companies are not
Q101: Use the table for the question(s)below.<br> <img
Q104: Use the table for the question(s)below.<br> <img
Q105: Use the table for the question(s)below.<br> <img
Q106: Use the table for the question(s)below.<br> <img
Q107: Use the table for the question(s)below.<br>AOS Industries
Q109: Accounts payable is a<br>A)Long-Term Liability.<br>B)Current Asset.<br>C)Long-Term Asset.<br>D)Current