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  3. Study Set
    Principles of Accounting Study Set 1
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    Exam 11: Current Liabilities and Fair Value Accounting
  5. Question
    Company A's Current Assets = $10,000,total Assets = $26,000,current Liabilities
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Company A's Current Assets = $10,000,total Assets = $26,000,current Liabilities

Question 56

Question 56

Multiple Choice

Company A's current assets = $10,000,total assets = $26,000,current liabilities = $7,000 and total liabilities = $47,000.What is Company A's working ratio?


A) $3,000
B) $21,000
C) 1.43
D) 0.55

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