A company has current assets of $45,000, current liabilities of $30,000, and total liabilities of $55,000. The current ratio is:
A) 1) 22.
B) 1) 36.
C) 1) 50.
D) 0) 66.
Correct Answer:
Verified
Q149: Which of the accounts listed below is
Q151: Current assets include:
A)cash and receivables only.
B)cash and
Q156: A company with a low debt ratio
Q157: Lefton Company made a $2 million sale
Q167: As a general rule of thumb,a strong
Q174: Which of the following combinations of ratios
Q181: At the beginning of the year, Megaron
Q192: The debt ratio measures a firm's ability
Q198: Assume that a firm has total assets
Q208: The debt ratio is computed by dividing:
A)total
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents