Trekker Bikes' current assets are $6,975 million and its current liabilities are $2,250 million. Its current ratio is 0.63.

Answer the following statement true (T) or false (F)


False

Current Ratio = Current Assets/Current Liabilities
Current Ratio = $6,975 million/$2,250 million = 3.1

Business

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People who have experienced long periods of stability and minimal change are likely to respond to change in which of the following ways?

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Financial statements prepared using generally accepted accounting principles:

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Business