Calculate the current ratio using the following information: (Round your answer to two decimal places. )
A)2.10
B)2.80
C)1.53
D)1.83

Name: Calculate the current ratio using the following information: (Round your answer to two decimal places. ) A)2.10 B)2.80 C)1.53 D)1.83
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Question

Calculate the current ratio using the following information: (Round your answer to two decimal places. ) 
A)2.10 
B)2.80 
C)1.53 
D)1.83

Quizplus · Accepted Answer

A)Current ratio = Total current assets / Total current liabilities
 11ea8a75_424c_3a4a_a2a1_0f1b10eccbc4_TB6701_00 11ea8a75_424c_3a4b_a2a1_011a255a9a0f_TB6701_00 Current ratio = $8,400 / $4,000 = 2.10

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