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Table 142 the Company Earns 5 Percent on Current Assets

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Table 14.2 Table 14.2   The company earns 5 percent on current assets and 15 percent on fixed assets.The firm's current liabilities cost 7 percent to maintain and the average annual cost of long-term funds is 20 percent. -The firm's initial ratio of current assets to total assets is ________.(See Table 14.2)  A) 3:1 B) 1:3 C) 2:1 D) 2:3 The company earns 5 percent on current assets and 15 percent on fixed assets.The firm's current liabilities cost 7 percent to maintain and the average annual cost of long-term funds is 20 percent.
-The firm's initial ratio of current assets to total assets is ________.(See Table 14.2)


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