Multiple Choice
Colton Corp. has current assets of $4.5 million. The current ratio is 1.25 and the quick ratio is 0.75. What is the amount of Colton's current liabilities (in millions) ?
A) $4.5
B) $1.8
C) $2.4
D) $2.9
E) $3.6
Correct Answer:
Verified
Correct Answer:
Verified
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