Calculate the current ratio using the following information: (Round your answer to two decimals. )

A)2.31
B)3.00
C)3.11
D)2.08

Name: Calculate the current ratio using the following information: (Round your answer to two decimals. ) A)2.31 B)3.00 C)3.11 D)2.08
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Question

Calculate the current ratio using the following information: (Round your answer to two decimals. )

A)2.31 
B)3.00 
C)3.11 
D)2.08

Quizplus · Accepted Answer

A)Current ratio = Total current assets / Total current liabilities
 11ea8a42_4f26_f841_8b44_7f9b61a74ba3_TB5024_00 11ea8a42_4f26_f842_8b44_9b16e4ad3071_TB5024_00 Current ratio = $9,000 / $3,900 = 2.31

Calculate the Current Ratio Using the Following Information: (Round Your