Current assets for Kearney Company are ($ 120,000) and total assets are ($ 600,000). Current liabilities are

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Current assets for Kearney Company are $\$ 120,000$ and total assets are $\$ 600,000$. Current liabilities are $\$ 80,000$ and total liabilities are $\$ 300,000$. What is the current ratio?

a. 2.00

b. 2.50

c. 1.90

d. 1.50

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Financial Accounting

ISBN: 9780131492011

1st Edition

Authors: Jane L. Reimers

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Question Posted: Jun 06, 2024 01:17 AM

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Current assets for Kearney Company are ($ 120,000) and total assets are ($ 600,000). Current liabilities are

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Financial Accounting

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