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answer 9 and 10 JOE has: Current assets of $100,000 Long-term assets of $500,000 Current liabilities of $35,000 Long-term liabilities of $300,000 and Stockholders' equity

answer 9 and 10
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JOE has: Current assets of $100,000 Long-term assets of $500,000 Current liabilities of $35,000 Long-term liabilities of $300,000 and Stockholders' equity of $265,000 What is JOE's current ratio (2 decimal places)? Question 10 Which of the following statements is FALSE? The value of $1 today is worth more than $1 one year from now. Simple interest is interest earned on the initial investment only. Compound interest is interest you earn on the initial investment and on previous interest Present value indicates how much a present amount of money will grow to in the future

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