A Company Has a Current Ratio of 3

question 125

Short Answer

A company has a current ratio of 3.4,total liabilities of $350,240,and long-term notes payable of $120,000.What is the total of current assets for the company?

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Definitions:

Voltage Shift

A change in the electrical potential difference between two points, which can affect the flow of electricity in a circuit.

Excitatory Effect

A response in which a neurotransmitter increases the likelihood that a neuron will fire an action potential.

Receiving Neuron

A neuron that receives signals from other neurons through its dendrites.

Neurotransmitters

Chemical messengers that transmit signals across synapses from one neuron to another, influencing numerous bodily and mental functions.