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1. When working capital is positive, the current ratio is: a. Less than le b. le Greater than 1 d. Zero e. None of the

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1. When working capital is positive, the current ratio is: a. Less than le b. le Greater than 1 d. Zero e. None of the above 2. A weakness of the current ratio is a. it measures the a company's ability to pay current liabilities using current assets. b. that it doesn't take into account the composition of the current assets. c. it can be calculated in different ways. d. that it can be expressed as a percentage, as a rate, or as a proportion. e. None of the above 3. A company's accounts receivables turnover of 36.5 days. The average net receivables dur period are $500,000. What is the amount of net credit sales for the period?- 4. If the average collection period is 50 days, what is the Account receivable turnover #

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