A Company Has $45 600 in Current Assets; $111 320

question 100

Multiple Choice

A company has $45 600 in Current assets; $111 320 in Total assets; $67 500 in Current liabilities and $188 400 in Total liabilities. The company has a current ratio of:

• A)0.68.
• B)0.59.
• C)0.24.
• D)1.48.