A company has $45,600 in Current assets; $111,320 in Total assets; $67,500 in Current liabilities and $188,400 in Total liabilities.The company has a current ratio of:
A) 0.68.
B) 1.48.
C) 0.24.
D) 0.59.

Name: A company has $45,600 in Current assets; $111,320 in Total assets; $67,500 in Current liabilities and $188,400 in Total liabilities.The company has a current ratio of: A) 0.68. B) 1.48. C) 0.24. D) 0.59.
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Question

Quizplus · Accepted Answer

A) Calculations: $45,600/$67,500 = 0.68

A Company Has $45,600 in Current Assets; $111,320 in Total