The Following Contains Information from the Records of the Wellborn

question 9

Multiple Choice

The following contains information from the records of the Wellborn Engineers and Architects.
Wellborn Engineers and Architects
Selected financial information
31 December 2016
$$\begin{array} { | l | l | } \hline \text { Current assets } & \$ 80,000 \\\hline \text { Current liabilities } & 42,000 \\\hline \text { Non-current assets } & 97,000 \\\hline \text { Non-current liabilities } & 64,000 \\\hline \text { Total revenues } & 53,000 \\\hline \text { Total expenses } & 34,000 \\\hline\end{array}$$
Calculate the current ratio.

• A) 1.9
• B) 0.6
• C) 1.52
• D) 2.23

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