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Canada Ltd reports the following for the 2020 financial year: Total assets $1 900 000 Profit 200 000 Current liabilities 1 140 000 If current

Canada Ltd reports the following for the 2020 financial year:

Total assets

$1 900 000

Profit

200 000

Current liabilities

1 140 000

If current assets = 40% of total assets, Canada Ltds current ratio is:

Select one:

a. 2 to 3.

b. 2 to 1.

c. 3 to 2.

d. None of the options

e. 1 to 2.

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