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Massive Discount Emporium has current assets of $250,000, including cash of $50,000, marketable securities of $20,000, and receivables of $50,000. Current liabilities are $125,000 and
Massive Discount Emporium has current assets of $250,000, including cash of $50,000, marketable securities of $20,000, and receivables of $50,000. Current liabilities are $125,000 and long-term liabilities are $100,000. Calculate its current ratio. Multiple Choice 2.50 1.11 O 1.64 0 200 O .96
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