Question
A firm reported current assets of $20, total assets of $50, total liabilities of $30, current liabilities of $10, and shareholders equity of $10 on
A firm reported current assets of $20, total assets of $50, total liabilities of $30, current liabilities of $10, and shareholders equity of $10 on its balance sheet. The firms current (working capital) ratio was
- 2.0
- 1.2
- 1.4
- 4
- .4
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Management And Cost Accounting
Authors: Mike Tayles, Colin Drury
11th Edition
147377361X, 978-1473773615
