Question
Decatur Company had Total Current Assets of $2,782,000 in 2018 and $3,736,000 in 2019. Total Current Liabilities were $1,817,000 in 2018 and $2,151,000 in 2019.
Decatur Company had Total Current Assets of $2,782,000 in 2018 and $3,736,000 in 2019. Total Current Liabilities were $1,817,000 in 2018 and $2,151,000 in 2019. Total Assets were $8,843,000 in 2018 and $9,259,000 in 2019. What was the change in the current ratio from 2018 to 2019?
- A. (.30)
- B. +.21
- C. +.43
- D. +.55
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Finance For Non Financial Managers
Authors: Pierre G. Bergeron
5th Edition
0176104070, 9780176104078
