Financial statements for Marcial Company appear below:

-Marcial Company's current ratio at the end of Year 2 was closest to which of the following?
A) 0.35 to 1.
B) 0.38 to 1.
C) 1.22 to 1.
D) 1.83 to 1.

Question

Financial statements for Marcial Company appear below:

-Marcial Company's current ratio at the end of Year 2 was closest to which of the following?
A) 0.35 to 1. 
B) 0.38 to 1. 
C) 1.22 to 1. 
D) 1.83 to 1.

Quizplus · Accepted Answer

The Answer of  Financial statements for Marcial Company appear below:

-Marcial Company's current ratio at the end of Year 2 was closest to which of the following?
A) 0.35 to 1. 
B) 0.38 to 1. 
C) 1.22 to 1. 
D) 1.83 to 1.

Financial Statements for Marcial Company Appear Below