Multiple Choice
If Current Assets are $90,000, Property and Equipment is $120,000, Current Liabilities are $24,000, and Long-Term Liabilities are $106,000, the current ratio is
A) 3.75 to 1.
B) 1.13 to 1.
C) 0.85 to 1.
D) 5 to 1.
E) 8.75 to 1.
Correct Answer:
Verified
Correct Answer:
Verified
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