Question
Shown below is selected information from the statement of financial position (balance sheet) of Comoros, a small electronics store (dollar amounts are in thousands): Cash
Shown below is selected information from the statement of financial position (balance sheet) of Comoros, a small electronics store (dollar amounts are in thousands): Cash Accounts receivable Inventory Total assets Current liabilities Noncurrent liabilities What is the current ratio? $ 84 $144 $ 285 $ 945 $ 390 $ 420 Multiple Choice 0.58 to 1 1.32 to 1 0.37 to 1 0.73 to 1
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Managerial Accounting
Authors: Susan V Crosson, Belverd E Needles
9th Edition
0538742801, 9780538742801
