7. Erika Pechacek Inc. has current assets of $90,000 and current (SO 7) liabilities of $30,000. Its...

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7. Erika Pechacek Inc. has current assets of $90,000 and current (SO 7)

liabilities of $30,000. Its current ratio and working capital are:

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

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

b. 3:1; $60,000.

d. 3:1; $90,000.

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Financial Accounting

ISBN: 9780470128848

6th Edition

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

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