Given the Following Information,calculate the Current Ratio: Liabilities = $-24,500

question 17

Multiple Choice

Given the following information,calculate the current ratio: Liabilities = $-24,500
Liquid assets = $-4,900
Monthly credit payments = $-800
Monthly savings = $-760
Net worth = $-72,500
Current liabilities = $-1,600
Take-home pay = $-2,300
Gross income = $-3,500
Monthly expenses = $-2,040

• A) -33.79
• B) -3.06
• C) -2.40
• D) -34.78
• E) -21.71

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Definitions:

Audio Interface

Hardware used to connect audio equipment with a computer, facilitating recording, editing, and playback of sound.

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A collection of publicly accessible, interlinked web pages that share a single domain name.

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Waves of electric and magnetic fields moving through space, carrying electromagnetic radiation, of which light is one example.

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Complex networks designed for sending electrical or electronic signals across long distances.