Question
For 2017 your corporation has current assets of $6,120, net fixed assets of $31,720, current liabilities of $4,491, long-term debt of 7,600, and total stockholder's
For 2017 your corporation has current assets of $6,120, net fixed assets of $31,720, current liabilities of $4,491, long-term debt of 7,600, and total stockholder's equity of $25,749. What is the current ratio for 2017? Please show your ratio and calculations in the space provided.
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
15th edition
134796551, 134796550, 978-0134796550
