Multiple Choice
Brankov Company has current assets of $115,000 and current liabilities of $140,000.The company decides to issue stock and receives cash of $150,000.After this transaction,the company's current ratio will be: (Round your final answer to two decimal places. )
A) 0.82.
B) 1.07.
C) 1.82.
D) 1.89.
Correct Answer:
Verified
Correct Answer:
Verified
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