If current assets are $90,000 and total assets are $360,000, what percentage of total assets are the current assets?
A)3)5 percent
B)30 percent
C)25 percent
D)33 percent

Question

Quizplus · Accepted Answer

To find the percentage of current assets in total assets, we need to divide the current assets by the total assets and multiply by 100. 
$90,000 / $360,000 = 0.25 
0.25 x 100% = 25% 
Therefore, current assets are 25% of total assets. Option C is correct.

If Current Assets Are $90,000 and Total Assets Are $360,000