Question: Problem 3-6 Determining Financial Progress [LO3-2] Carl Lester has liquid assets of $3,110 and current liabilities of $3,350 . a. What is his current ratio?
Problem 3-6 Determining Financial Progress [LO3-2]\ Carl Lester has liquid assets of
$3,110and current liabilities of
$3,350.\ a. What is his current ratio?\ b. Which comment best describes his financial position?\ Complete this question by entering your answers in the tabs below.\ What is his current ratio?\ Note: Round your answer to 1 decimal place.
![Problem 3-6 Determining Financial Progress [LO3-2]\ Carl Lester has liquid assets](https://dsd5zvtm8ll6.cloudfront.net/si.experts.images/questions/2024/09/66f2057f8771c_15066f2057ee510f.jpg)
Problem 3-6 Determining Financial Progress [LO3-2] Carl Lester has liquid assets of $3,110 and current liabilities of $3,350. a. What is his current ratio? b. Which comment best describes his financial position? Complete this question by entering your answers in the tabs below. What is his current ratio? Note: Round your answer to 1 decimal place
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