The Current Assets of Orangette Company Are $292,500

question 30

Multiple Choice

The current assets of Orangette Company are $292,500. The current liabilities are $130,000. The current ratio expressed as a proportion is

• A) 225%.
• B) 2.25:1.
• C) .44:1.
• D) $130,000 ÷ $292,500.

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Definitions:

Family Ties

The emotional and social connections that bind members of a family together, encompassing relationships among parents, children, siblings, and extended family.

Asian American Families

Diverse family structures and dynamics in the United States that reflect the traditions, cultures, and heritage of individuals from Asian ancestry.

Latino Families

Family units that are of Latin American descent, often characterized by extended family relationships and cultural traditions.

Fathers

Male parents who contribute to the upbringing and care of their children, playing key roles in their development and well-being.