Milton Company has total current assets of $52,000, including inventory of $13,500, and current liabilities of $28,000. The company's current ratio is: Multiple Choice 0 00 0.54. 1.38. 1.86. 2.34. < P 18 of 35 Next > MacBook Air $12
Milton Company has total current assets of $52,000, including inventory of $13,500, and current liabilities of $28,000. The company's current ratio is: Multiple Choice 0 00 0.54. 1.38. 1.86. 2.34. < P 18 of 35 Next > MacBook Air $12
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
![Milton Company has total current assets of $52,000, including inventory of $13,500, and current liabilities of $28,000. The company's current ratio is:
Multiple Choice
0 00
0.54.
1.38.
1.86.
2.34.
< P
18 of 35 Next >
MacBook Air
$12](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F84750ce8-9775-44b3-8949-71118a85823f%2F1a019381-75da-459d-9f4f-71d0ff7d903f%2F157km3o_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Milton Company has total current assets of $52,000, including inventory of $13,500, and current liabilities of $28,000. The company's current ratio is:
Multiple Choice
0 00
0.54.
1.38.
1.86.
2.34.
< P
18 of 35 Next >
MacBook Air
$12
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