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Carl Lester has liquid assets of $2,800 and current liabilities of $3,450. (a) What is his current ratio? (Round your answer to 1 decimal place.)

Carl Lester has liquid assets of $2,800 and current liabilities of $3,450. (a) What is his current ratio? (Round your answer to 1 decimal place.) Current ratio eBook (b) Which comment best describes his financial position? O Lower than the desirable ratio 2.0 O Equal to the desirable ratio 2.0 O Higher than the desirable ratio 2.0

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