Use This Balance Sheet and Income Statement to Answer the Following

question 76

Multiple Choice

Use this balance sheet and income statement to answer the following question. Use ending balances whenever average balances are required for computing ratios. The current ratio for Abner Systems is

• A) 0.75.
• B) 1.00.
• C) 1.13.
• D) 2.22.

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Equal Participation

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