Current assets are $40,000 and long- term assets are $50,000. Total liabilities are $60,000, of which current liabilities are 50%. The current ratio is:

Name: Current assets are $40,000 and long- term assets are $50,000. Total liabilities are $60,000, of which current liabilities are 50%. The current ratio is:
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The Answer of Current assets are $40,000 and long- term assets are $50,000. Total liabilities are $60,000, of which current liabilities are 50%. The current ratio is:

Current Assets Are $40,000 and Long- Term Assets Are $50,000