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The following data are from Lorien Company. Accounts Payable $80 Accounts Receivable 100 Capital Stock 120 Cash 30 Cost of Goods Sold 600 Inventory 200
The following data are from Lorien Company.
Accounts Payable | $80 |
Accounts Receivable | 100 |
Capital Stock | 120 |
Cash | 30 |
Cost of Goods Sold | 600 |
Inventory | 200 |
Long-term Debt | 400 |
Net Income | 80 |
Property, Plant, and Equipment (net) | 500 |
Retained Earnings | 230 |
Sales | 1,000 |
Compute CURRENT RATIO.
Group of answer choices
1.73
10.38
.4
.42
1.30
4.13
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