Question
The following information is provided for York Company. Accounts receivable $153,000 Cost of goods sold $1,680,000 Current asset $750,000 Current liabilities $525,000 Inventory $375,000 Sales
The following information is provided for York Company.
Accounts receivable $153,000
Cost of goods sold $1,680,000
Current asset $750,000
Current liabilities $525,000
Inventory $375,000
Sales $1,850,000
What is the company's current ratio?
| 2.11 | ||
| 0.70 | ||
| $225,000 | ||
| 1.43 |
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Principles of Cost Accounting
Authors: Edward J. Vanderbeck
16th edition
9781133712701, 1133187862, 1133712703, 978-1133187868
