Multiple Choice
If Current Assets are $103,000, Property and Equipment is $130,000, Current Liabilities are $61,000, and Long-Term Liabilities are $105,000, the current ratio is
A) 1.69 to 1.
B) .98 to 1.
C) 3.82 to 1.
D) 2.22 to 1.
E) 1.02 to 1.
Correct Answer:
Verified
Correct Answer:
Verified
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