If a Retail Store Has a Current Ratio of 2

question 62

Multiple Choice

If a retail store has a current ratio of 2.5 and working capital of $117,000.What are the total of the current assets?

• A)$46,800
• B)$117,000
• C)$195,000
• D)$292,500

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Definitions:

Ozone Layer

A stratospheric layer containing a high concentration of ozone, which protects the Earth from the sun's harmful ultraviolet radiation.

Methyl Bromide

A toxic gas used as a pesticide and for fumigation, known to deplete the ozone layer and hazardous to human health.

PCBs

Polychlorinated biphenyls, a group of toxic chemical compounds known for environmental persistence and health hazards.

Emissions Trading

A market-based approach to controlling pollution by providing economic incentives for achieving reductions in the emissions of pollutants.