Colton Corp

question 82

Multiple Choice

Colton Corp. has current assets of $4.5 million. The current ratio is 1.25 and the quick ratio is 0.75. What is the amount of Colton's current liabilities (in millions) ?

• A) $4.5
• B) $1.8
• C) $2.4
• D) $2.9
• E) $3.6

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