Question: Multiple Choice Question 122 Using the following balance sheet and income statement data, what is the current ratio? $20200 Net income Current assets Current liabilities

Multiple Choice Question 122 Using the following balance sheet and income

Multiple Choice Question 122 Using the following balance sheet and income statement data, what is the current ratio? $20200 Net income Current assets Current liabilities Average assets Total/assets 9600 Stockholders' equity 131600 Total liabilities $45700 66600 27200 86600 Average common shares outstanding was 17000. 2.10:1 0.741 0.56 1 181

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