Based on the following information compute the (1) current ratio and (2) working capital. $\begin{array} { l r }
\text { Current assets } & \$ 200,000 \
\text { Total assets } & 900,000 \
\text { Current liabilities } & 80,000 \
\text { Total liabilities } & 500,000
\end{array}$

Question

Based on the following information compute the (1) current ratio and (2) working capital. $\begin{array} { l r } 
\text { Current assets } & \$ 200,000 \
\text { Total assets } & 900,000 \
\text { Current liabilities } & 80,000 \
\text { Total liabilities } & 500,000
\end{array}$

Quizplus · Accepted Answer

The Answer of Based on the following information compute the (1) current ratio and (2) working capital. $\begin{array} { l r } 
\text { Current assets } & \$ 200,000 \
\text { Total assets } & 900,000 \
\text { Current liabilities } & 80,000 \
\text { Total liabilities } & 500,000
\end{array}$

Based on the Following Information Compute the (1) Current Ratio