The Following Contains Information from the Records of the Wellborn

Multiple Choice

The following contains information from the records of the Wellborn Engineers and Architects.
- Which of the following statements is an accurate interpretation of the current ratio of Wellborn Engineers and Architects?

A) The company has $2.32 of current assets for every $1.00 of liabilities.
B) The company has $1.68 of current assets for every $1.00 of current liabilities.
C) The company has $1.58 of current assets for every $1.00 of liabilities.
D) The company has $0.59 of current assets for every $1.00 of current liabilities.