The current assets of Margo Company are $300,000.The current liabilities are $100,000.The current ratio expressed as a proportion is

Name: The current assets of Margo Company are $300,000.The current liabilities are $100,000.The current ratio expressed as a proportion is
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The current ratio is a measure of a company's liquidity, and is calculated by dividing current assets by current liabilities. In this case, the current ratio is $300,000 ÷ $100,000 = 3.0.

The Current Assets of Margo Company Are $300,000