The following contains information from the records of the Wellborn Engineers and Architects. 
Which of the following statements is an accurate interpretation of Wellborn Engineers and Architects', PC current ratio?
A) The company has $2.32 of current assets for every $1.00 of liabilities.
B) The company has $1.68 of current assets for every $1.00 of current liabilities.
C) The company has $1.58 of current assets for every $1.00 of liabilities.
D) The company has $0.59 of current assets for every $1.00 of current liabilities.
Correct Answer:
Verified
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