Erika Pechacek Inc. has current assets of $90,000 and current liabilities of $30,000. Its current ratio and

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Erika Pechacek Inc. has current assets of $90,000 and current liabilities of $30,000. Its current ratio and working capital are:

a. .33:1; $60,000.

b. 3:1: $60,000.

c. .33:1; $90,000.

d. 3:1; $90,000.

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Financial Accounting Text Only

ISBN: 9780006575405

5th Edition

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel

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