The Current Ratio for a Company with Current Assets of $70,000,current

question 60

Multiple Choice

The current ratio for a company with current assets of $70,000,current liabilities of $50,000,total assets of $150,000,and net sales of $80,000,would be:

• A)1.4.
• B)0.714.
• C)3.0.
• D)0.875.

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Definitions:

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An illustrated chart that displays the connection between a product's price and the amount consumers want to buy.

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Trade limitations set by the government which restrict the amount or fiscal value of products that can be brought in or sent out over a certain period.