If current assets amount to $62,000, total assets $350,000, current liabilities $31,000, and total liabilities $125,000, then the current ratio is

a. 0.5 to 1
b. 2.0 to 1
c. 2.8 to 1
d. 3.0 to 1


b

Business

You might also like to view...

Which one of the following organizations is recognized for providing guidance on a framework for internal control?

a. AICPA. b. PCAOB. c. IAASB. d. COSO..

Business

The manager thanked ____ for my participation in the focus panel

A) I B) me C) myself

Business

N. Trest bought a $10,000 Treasury bill at a 1.32% discount for 13 weeks (91 days). How much

does N pay for the bond? A) $10,000 B) $9,967.09 C) $9,870.54 D) $9,685.90

Business

The ORDER BY clause is the first statement processed in an SQL command

Indicate whether the statement is true or false

Business