Kareem Has $6,000 in Monetary Assets and $2,000 in Current

question 70

Multiple Choice

Kareem has $6,000 in monetary assets and $2,000 in current liabilities.What is his current ratio?

• A)2,000/6,000
• B)0.334 times
• C)6,000/2,000
• D)3 times
• E)Both C and D are correct.