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Consider the following information: Total current assets$42,123Deferred income taxes$2,638Inventories$4,873Prepaid expenses$1,554Other assets$6,263Total current liabilities$38,902 What is the current ratio? 1.21 1.15 0.97 1.08

Consider the following information:

Total current assets$42,123Deferred income taxes$2,638Inventories$4,873Prepaid expenses$1,554Other assets$6,263Total current liabilities$38,902

What is the current ratio?

  • 1.21
  • 1.15
  • 0.97
  • 1.08

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