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    Financial Accounting Study Set 11
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    A Company Has Current Assets of $77,000,long-Term Assets of $150,000,current
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A Company Has Current Assets of $77,000,long-Term Assets of $150,000,current

Question 112

Question 112

Multiple Choice

A company has current assets of $77,000,long-term assets of $150,000,current liabilities of $44,000,and long-term liabilities of $35,000.The current ratio is:


A) 0.81.
B) 3.46.
C) 1.75.
D) 2.20.

Correct Answer:

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