The current ratio for company with current assets

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Reference no: EM132071077

1. The current ratio for a company with current assets of $ 81,000, quick assets of $ 47,000 , total assets of $ 207,000 current liabilities of $ 57,000 and net sales of $ 94,000 would be:

A. 3.63

B. 0.82

C. 1.42

D. 0.54

2. The current ratio for a company with current assets of $ 81,000, quick assets of $ 47,000, total assets of $ 207,000 current liabilities of $ 57,000 and net sales of $ 94,000 would be:

A. 3.63

B. 0.82

C. 1.42

D. 0.54

Reference no: EM132071077

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