A BUSINESS HAS CURRENT ASSETS OF $80,000 AND CURRENT LIABILITIES OF $40,000. WHAT IS ITS CURRENT RATIO? A) 1.0 B) 1.5 C) 2.0 D) 2.5
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- What is the current ratio if a company has current assets of $150,000 and current liabilities of $100,000? a) 0.67 b) 1.5 c) 2.0 d) 1.33A company has current assets of $75,000 and current liabilities of $45,000. What is the current ratio? a) 1.25 b) 1.67 c) 2.00 d) 1.50A BUSINESS HAS CURRENT ASSETS OF $80,000 AND CURRENT LIABILITIES OF $40,000. WHAT IS ITS CURRENT RATIO? A) 1.0 B) 1.5 C) 2.0 D) 2.5
- 1. If current assets amounted to P600,000 and current liabilities amounted to P200,000, what is the current ratio of the entity? *a. P800,000b. P400,000c. 3d. 1/3 3. If net sales is P200,000 and the average accounts receivable is P50,000, what is the accounts receivable turnover ratio? *a. 4b. 1/4c. P150,000d. P250,000 5. If total assets amounted to P800,000 and total liabilities amounted to P200,000, what is the debt to equity ratio? *a. 4b. 0.3333c. 0.25d. 3If a company has current assets of $15,000 and current liabilities of $9,375, its current ratio is 1.6. True or False True Falsesolve this accounting questions
- A company's current ratio is 1.5. Its current liabilities are $150,000. What are its current assets? O $100,000 $300,000 O $225,000 O $75,000General Accounting Question please answerFind the following using the data bellow a. Accounts receivable B. Current assets C. Total assets D. Return on assets E. Common equity F. Quick ratio