If Current Assets Are $103,000, Property and Equipment Is $130,000

question 67

Multiple Choice

If Current Assets are $103,000, Property and Equipment is $130,000, Current Liabilities are $61,000, and Long-Term Liabilities are $105,000, the current ratio is

• A) 1.69 to 1.
• B) .98 to 1.
• C) 3.82 to 1.
• D) 2.22 to 1.
• E) 1.02 to 1.