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Determine what is the current ratio

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Question 1. What is the Current Ratio given the following information?

Current Assets -         $477.50

Inventory -               $275

Current Liabilities -      $1,075

A) 0.70

B) 0.45

C) 0.33

D) 0.60

Question 2. What is the Current Ratio given the following information?

Current Assets -           $750

Inventory -                 $275

Current Liabilities -      $1,075

A) 0.81

B) 0.70

C) 0.95

D) 0.65

Reference no: EM132462142

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