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What is ABC's current ratio Question 5 ABC has the following selected financial data: Current assets $65000 Current liabilities $60,000 Long-term assets 390,000 Inventory $20,000

image text in transcribed What is ABC's current ratio

Question 5 ABC has the following selected financial data: Current assets $65000 Current liabilities $60,000 Long-term assets 390,000 Inventory $20,000 Net sales $365,000 Cost of goods sold $280,000 What is ABC's current ratio? 0 0.9101 0 1.1101 0 2.1101 0 0.1101 1 pts

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