Schultz Consultancy Reports $$\begin{array} { l r } \text { Total assets } & \$ 950000 \\\text { Profit } & 30000 \\\text { Current liabilities } & 285000\end{array}$$

question 6

Multiple Choice

Schultz Consultancy reports: $$\begin{array} { l r } \text { Total assets } & \$ 950000 \\\text { Profit } & 30000 \\\text { Current liabilities } & 285000\end{array}$$ If current assets = 60% of total assets Schultz's current ratio is:

• A)1 to 2
• B)3 to 2
• C)2 to 1
• D)2 to 3

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A promise or guarantee made by a seller about the condition, quality, or performance of a product.

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