Monkee's Company Has Current Assets of $45000 Current Liabilities of $50000

question 109

Multiple Choice

Monkee's Company has current assets of $45000 current liabilities of $50000 long-term assets of $90000 and long-term liabilities of $40000. Monkee's Company's working capital and its current ratio are:

• A) $45000 and .90:1.
• B) $5000 and 1.50:1.
• C) $5000 and .90:1.
• D) ($5000) and .90:1.

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Definitions:

Location Selection

The process of choosing an optimal place for business operations, considering factors such as cost, accessibility, and market demand.

Goods

Physical items that are produced, bought, or sold to satisfy wants or needs of consumers.