Question
The fiscal year-end balance sheet for Specialists Inc. reports the following data (in millions). What is the companys current ratio? Current assets 3,516 Noncurrent assets
The fiscal year-end balance sheet for Specialists Inc. reports the following data (in millions). What is the companys current ratio?
| Current assets | 3,516 |
| Noncurrent assets | 5,345 |
| Current liabilities | 2,442 |
| Noncurrent liabilities | 3,791 |
| Stockholders equity | 2,483 |
The fiscal year-end balance sheet for Specialists Inc. reports the following data (in millions). What is the companys current ratio?
| Current assets | 3,516 |
| Noncurrent assets | 5,345 |
| Current liabilities | 2,442 |
| Noncurrent liabilities | 3,791 |
| Stockholders equity | 2,483 |
0.69
1.41
1.44
0.71
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Advances In Accounting Volume 23
Authors: Philip M J Reckers
1st Edition
0762314257, 9780762314256
