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Nickolls Corporation has provided the following financial data:Cash$ 188,000Accounts receivable, ...

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Nickolls Corporation has provided the following financial data:Cash$ 188,000Accounts receivable, ...

Nickolls Corporation has provided the following financial data:

Cash	$ 188,000
Accounts receivable, net	$ 285,000
Total current assets	$ 709,000
Total current liabilities	$ 167,000

The company’s current ratio is closest to:

▸ 0.47

▸ 0.40

▸ 0.19

▸ 4.25

Textbook

Introduction to Managerial Accounting: Brewer Edition: 9e

Edition: 9^th

Authors: Brewer, Garrison, Noreen

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