Exhibit 4-1
Given the following information for Blue Bell Company for last year:
-Refer to Exhibit 4-1. Blue Bell's current ratio at December 31 was
A) 3.67 times
B) 2.33 times
C) 1.33 times
D) 0.43 times

Question

Exhibit 4-1
Given the following information for Blue Bell Company for last year: 
-Refer to Exhibit 4-1. Blue Bell's current ratio at December 31 was
A) 3.67 times 
B) 2.33 times 
C) 1.33 times 
D) 0.43 times

Quizplus · Accepted Answer

The current ratio is calculated by dividing current assets by current liabilities. Without the exhibit, we assume the correct answer based on typical financial analysis.

Exhibit 4-1 Given the Following Information for Blue Bell Company for Last