Question: If the current ratio is equal to four and we double the current liabilities and half the current assets, what will the new current ratio
If the current ratio is equal to four and we double the current liabilities and half the current assets, what will the new current ratio equal?
| a. | 1 | |
| b. | 2 | |
| c. | 8 | |
| d. | 16 |
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