Bernard and Denice are preparing their statement of financial position. Currently, they have short-term assets of $15,000, long-term assets of $150,000, short-term debt of $12,000, and long-term debt of $125,000. Based on the information provided, what is the Bernard and Denice's current ratio?

Answer rating: 100% (QA)

To calculate Bernard and Denices current ratio you need to divide their total shortterm asset... View the full answer