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H3Ko H3Ko
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Posts: 4891
7 years ago
A company has $120,000 in current assets; $600,000 in total assets; $90,000 in current liabilities, and $140,000 in total liabilities. Calculate the current ratio of the company. (Round your answer to two decimals.)
A) 1.75
B) 1.71
C) 0.86
D) 1.33
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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7 years ago
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H3Ko Author
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7 years ago
I just realized you had posted this! Thanks so much
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