Question
Given the following information, what is the company's current ration? Total current assets $136,000 Total non-current assets $132,000 Total current liabilities $60,000 Long-term borrowings $50,000
Given the following information, what is the company's current ration?
Total current assets $136,000
Total non-current assets $132,000
Total current liabilities $60,000
Long-term borrowings $50,000
Equity $158,000
Explain.
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Practical Financial Management
Authors: William R. Lasher
7th edition
128560721X, 9781133593669, 1133593682, 9781285607214, 978-1133593683
