With Fixed Assets of $6

question 8

Multiple Choice

With fixed assets of $6.1 billion and current assets of $2.69 billion,Calder Enterprises also has long-term liabilities of $1.7 billion and current liabilities of $0.34 billion.What is the firm's current ratio?

• A) 7.9
• B) 2.27
• C) 5
• D) none of the above