The current assets of Brothers Corporation are $615,000.The current liabilities are $512,500.The current ratio expressed as a ratio is
A) 120%
B) 1.2:1
C) 0.8:1
D) 80%
Correct Answer:
Verified
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Q90: Investors are usually most interested in evaluating
A)liquidity
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Q97: The current ratio is calculated as
A)current assets
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