If current assets are $112,000 and current liabilities are $56,000, what is the current ratio? A. 200

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If current assets are $112,000 and current liabilities are $56,000, what is the current ratio?
A. 200 percent
B. 50 percent
C. 2.0
D. $50,000

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Principles Of Accounting Volume 1 Financial Accounting

ISBN: 9781593995942

1st Edition

Authors: Mitchell Franklin, Patty Graybeal, Dixon Cooper, OpenStax

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Question Posted: Aug 11, 2022 02:14 AM

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If current assets are $112,000 and current liabilities are $56,000, what is the current ratio? A. 200

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Principles Of Accounting Volume 1 Financial Accounting

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