-Please refer to the financial data for Link,Inc.above.The current ratio for Link at the end of 2014 is:
A) 10.21
B) 2.31
C) 2.76
D) 10.30
E) None of the above.

Question

-Please refer to the financial data for Link,Inc.above.The current ratio for Link at the end of 2014 is:
A) 10.21 
B) 2.31 
C) 2.76 
D) 10.30 
E) None of the above.

Quizplus · Accepted Answer

The current ratio is calculated by dividing current assets by current liabilities. Based on the financial data provided, the correct calculation results in a current ratio of 2.76.

-Please Refer to the Financial Data for Link,Inc