taffyspice59 taffyspice59
  • 21-03-2021
  • Business
contestada

Assume that a business has $50000 of current assets and $40000 of current liabilities. What is the company’s current ratio?

Respuesta :

majocgonzalez majocgonzalez
  • 26-03-2021

Answer:

The company's current ratio is 1.25.

Explanation:

The current ratio is calculated by dividing the current assets by the current liabilities:

current assets=$50000

current liabilities=$40000

current ratio=$50000/$40000

current ratio=1.25

According to this, the answer is that the company's current ratio is 1.25.

Answer Link

Otras preguntas

Mapping congruent TrianglesMis the midpoint of AD.What single transformation is required to map one ofthese congruent triangles onto the other?ReflectionO Rotat
Photographers take photographs only for fun. True or False HElP!!
What is the value of y?
_____ are ______ midsegments of ΔWXY. What is the perimeter of ΔWXY? 11.57 cm 12.22 cm 12.46 cm 14.50 cm
How did railroads change life for young people from farms or small towns? Apex
which of the following best describes the slope of the below
Which of the following could be vector magnitudes?
What is the solution to 2x-8 <12?
Which best explains the inability for life in earths early atmosphere? Check all that apply
Marcela (encontrar) las sandalias debajo de la cama. Question 2 with 1 blank Gustavo (recibir) un regalo muy bonito. Question 3 with 1 blank Sara y Viviana (ter