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Find and calculate the current ratio

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Reference no: EM132541684

Cash                 $3,000                Accounts Payable      $4,000

Accounts Rec.  $5,000                    Mortgage Payable     $50,000

Inventory              $4,000

Trucks                $96,000

Question 1: Calculate the current ratio given the above information

Select one:

Option a. 2:1

Option b. 3:1

Option c. 5:1

Option d. 4:1

Option e. 1:1

Reference no: EM132541684

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