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The Following Information Pertains to Soho Company

question 171

Multiple Choice

The following information pertains to Soho Company. Assume that all statement of financial position amounts represent both average and ending balance figures. Assume that all sales were on credit. The following information pertains to Soho Company. Assume that all statement of financial position amounts represent both average and ending balance figures. Assume that all sales were on credit.   What is the current ratio for Soho? A)  1.42 B)  .80 C)  1.16 D)  .60 What is the current ratio for Soho?


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