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
You might also like to view...
Electronic commerce refers only to direct consumer marketing on the Internet
Indicate whether the statement is true or false
The humanistic approach to need satisfaction of employees states that not only do managers and supervisors recognize that employees have certain needs they can help employees satisfy,
but also that employees have certain needs that only they themselves can satisfy. Indicate whether the statement is true or false.
________ is an estimate of the amount of inventory available each week after gross requirements have been satisfied
Fill in the blanks with correct word
DIY Fasteners Company decides to consolidate its operations with Evergrip Studs, Inc, to form Fit-Rite Bolts & Screws Inc Evergrip had rights in certain property. After the consolidation, Fit-Rite acquires the rights A) automatically
B) only after completing certain additional statutory procedures. C) only if Evergrip's former shareholders expressly approve. D) only if the acquisition is a specified result of the consolidation.