Question
A company has $110,000 in current assets; $600,000 in total assets; $80,000 in current liabilities, and $140,000 in total liabilities. Calculate the current ratio of
A company has $110,000 in current assets; $600,000 in total assets; $80,000 in current liabilities, and $140,000 in total liabilities. Calculate the current ratio of the company. (Round your answer to two decimal places.)
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Accounting Information Systems
Authors: Cynthia D Heagy, Constance M Lehmann
7th Edition
1111219516, 978-1111219512
