Refer to the Following Selected Financial Information from Frankle Corp $~~~~~~~~~~~~$

question 225

Multiple Choice

Refer to the following selected financial information from Frankle Corp.Compute the company's current ratio. Clivent Assets $~~~~~~~~~~~~$ 306,450
Plarit assets $~~~~~~~~~~~~~~~$ 388,000
Current Liabilities $~~~~~~$ 107,800
Net sales $~~~~~~~~~~~~~~~~~~~~$ 676,000
Net Income $~~~~~~~~~~~~~~~~$ 75,000

• A)6.44.
• B)2.84.
• C)6.27.
• D)3.60.
• E)1.44.

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