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F.) Rollins Corporation has the following assets and liabilities: Cash $4,000 Accounts Receivable 5,000 Investment in Trading Securities 8,000 Equipment 7,000 Salaries Payable 2,000 Interest
F.) Rollins Corporation has the following assets and liabilities:
Cash | $4,000 | |
Accounts Receivable | 5,000 | |
Investment in Trading Securities | 8,000 | |
Equipment | 7,000 | |
Salaries Payable | 2,000 | |
Interest Payable | 1,000 | |
Unearned Revenue | 3,000 | |
Bonds Payable | 9,000 |
Which of the following is Rollin's current ratio?
Select one:
a. 1.60 to 1
b. 4.00 to 1
c. 1.13 to 1
d. 2.83 to 1
e. 1.33 to 1
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