A Company Has $140,000 in Current Assets;$600,000 in Total Assets;$80,000

question 64

Multiple Choice

A company has $140,000 in current assets;$600,000 in total assets;$80,000 in current liabilities,and$120,000 in total liabilities.The company has a current ratio of:

• A)1.76
• B)1.17
• C)1.57
• D)1.75

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