Mark Enterprises has current assets of $80,000 and current liabilities of $20,000. Its current ratio and working

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Mark Enterprises has current assets of $80,000 and current liabilities of $20,000. It’s current ratio and working capital are:

a. .25:1; $60,000

b. 4:1; $60,000

c. .25:1; $80,000

d. 4:1; $80,000

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Financial Accounting

ISBN: 9780471169208

2nd Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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Question Posted: Jun 13, 2024 02:10 AM

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Mark Enterprises has current assets of $80,000 and current liabilities of $20,000. Its current ratio and working

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Financial Accounting

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