What Would Be Misty's Net Income for the Current Year

question 107

Multiple Choice

What would be Misty's net income for the current year?

• A)$148.
• B)$168.
• C)$112.
• D)None of the amounts given are correct.

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Definitions:

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations using its current assets.