The following is the balance sheet for Green Landscaping.

-Which of the following is the current ratio? (Round to two decimal places.)
A) .97
B) .68
C) .25
D) 1.27

Name: The following is the balance sheet for Green Landscaping. -Which of the following is the current ratio? (Round to two decimal places.) A) .97 B) .68 C) .25 D) 1.27
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Question

The following is the balance sheet for Green Landscaping. 
 
-Which of the following is the current ratio? (Round to two decimal places.)
A) .97 
B) .68 
C) .25 
D) 1.27

Quizplus · Accepted Answer

A) Calculations: Current assets/Current liabilities = $57,000/$59,000 = .966

The Following Is the Balance Sheet for Green Landscaping