A Company Has Current Assets of $80,000,long-Term Assets of $150,000,current

question 189

Multiple Choice

A company has current assets of $80,000,long-term assets of $150,000,current liabilities of $40,000,and long-term liabilities of $40,000.The current ratio is:

• A).80.
• B)1.33.
• C)2.00.
• D)2.33.