If a company has $15,000 in current liabilities and $30,000 in current assets, the current ratio would be 2.

Name: If a company has $15,000 in current liabilities and $30,000 in current assets, the current ratio would be 2.
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Quizplus · Accepted Answer

The current ratio is calculated by dividing current assets by current liabilities. In this case, 30,000 divided by 15,000 is 2, so the current ratio is 2. Therefore, statement A is true.

If a Company Has $15,000 in Current Liabilities and $30,000