Solved

Brownstone, Inc

Question 129

Multiple Choice

Brownstone, Inc. has a current ratio of 6.00. This indicates that the company has $6 in ________.


A) current liabilities for every $1 of current assets
B) total assets for every $1 of current liabilities
C) current assets for every $1 of current liabilities
D) total assets for every $1 of current assets

Correct Answer:

verifed

Verified

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

Related Questions