Refer to the Following Selected Financial Information from Troy Manufacturing

question 50

Multiple Choice

Refer to the following selected financial information from Troy Manufacturing. Compute the company's current ratio. $\begin{array}{lr}\text { Current Assets } & 306,450 \\\text { Plant assets } & 388,000 \\\text { Current Liabilities } & 107,800 \\\text { Net sales } & 676,000 \\\text { Net Income } & 75,000\end{array}$

• A) 6.44.
• B) 2.84.
• C) 6.27.
• D) 3.60.
• E) 1.44.

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