A Company Has a Current Ratio of 1

question 106

Short Answer

A company has a current ratio of 1.92,total liabilities of $193,849,long-term notes payable of $85,791,and a quick ratio of .96.What are total current assets for the company?

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Definitions:

Bed-Wetting

Involuntary urination while asleep, especially common in children.

Sleep Spindles

A burst of oscillatory brain activity visible on an EEG that occurs during stage 2 of non-REM sleep.

REM Sleep

A sleep stage characterized by rapid eye movements, during which most dreaming occurs, and physiological activity is similar to being awake.

Rich Food

Foods that are high in calories, fats, sugars, or oils, providing a dense amount of energy or flavor, but often low in necessary nutrients.