A Company Has $110,000 in Current Assets; $600,000 in Total

question 18

Multiple Choice

A company has $110,000 in current assets; $600,000 in total assets; $80,000 in current liabilities, and $140,000 in total liabilities. Calculate the current ratio of the company. (Round your answer to two decimal places.)

• A) 1.38
• B) 1.82
• C) 1.73
• D) 0.79

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A psychological state where an individual experiences heightened focus and engagement while performing an activity.

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A task or series of tasks performed to earn money or produce something, typically requiring mental or physical effort.