Solved

A Company Has $130,000 in Current Assets; $500,000 in Total

Question 120

Multiple Choice

A company has $130,000 in current assets; $500,000 in total assets; $90,000 in current liabilities,and $110,000 in total liabilities.Calculate the current ratio of the company.


A) 1.44
B) 1.48
C) 1.73
D) 1.18

Correct Answer:

verifed

Verified

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

Related Questions