A Company Has Long-Term Assets of $2,000, Current Liabilities of $1,250

question 3

Multiple Choice

A company has long-term assets of $2,000, current liabilities of $1,250, and long-term liabilities of $1,500. If the current ratio is 2.5, then current assets must be

• A)$5,000.
• B)$3,125.
• C)$1,563.
• D)$500.

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