A Company Has $120,000 in Current Assets; $600,000 in Total

question 141

Multiple Choice

A company has $120,000 in current assets; $600,000 in total assets; $90,000 in current liabilities,and $140,000 in total liabilities.Calculate the current ratio of the company.(Round your answer to two decimals. )

• A)1.33
• B)1.71
• C)1.75
• D)0.86