The current ratio for a company with current assets of $120,000,current liabilities of $50,000,total assets of $150,000,and net sales of $80,000,would be:
A)3)0.
B)0)416.
C)2)4.
D)0)333.

Name: The current ratio for a company with current assets of $120,000,current liabilities of $50,000,total assets of $150,000,and net sales of $80,000,would be: A)3)0. B)0)416. C)2)4. D)0)333.
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Question

Quizplus · Accepted Answer

Current Ratio = Current Assets/Current Liabilities

Current Ratio = 120,000/50,000 = 2.4

The Current Ratio for a Company with Current Assets of $120,000,current