A Firm Has Net Working Capital of $8,200 and Current

question 51

Multiple Choice

A firm has net working capital of $8,200 and current assets of $37,500.What is the current ratio?

• A).69
• B)..78
• C)1.28 0.
• D)1.45
• E).1.67

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Definitions:

Properties

The characteristics or attributes that help define or identify mathematical objects, operations, or relationships.

Approximate

A value or quantity that is nearly but not exactly correct, often used when exact figures are not necessary or available.

Properties

Refers to characteristics or attributes that define or identify mathematical figures, numbers, and operations.

Logarithms

A logarithm with a specified base is the exponent by which the base must be raised to yield a particular number. It is a different way to express exponentiation.