Multiple Choice
Teel Company's working capital was $40,000 and total current liabilities were 1/4 of that amount. What was the current (working capital) ratio?
A) 1 to 1
B) 3 to 1
C) 5 to 1
D) 7 to 1
Correct Answer:
Verified
Related Questions
Teel Company's working capital was $40,000 and total current liabilities were 1/4 of that amount. What was the current (working capital) ratio?
A) 1 to 1
B) 3 to 1
C) 5 to 1
D) 7 to 1
Correct Answer:
Verified
