Use the following balance sheet and income statement information to calculate the current ratio.. Current assets $ 8,000 Net income $ 9,000 Current liabilities 4,000 Stockholders equity 27,000 Average assets 40,000 Total liabilities 5,000 Total assets 30,000 Average common shares outstanding was 10,000 Group of answer choices 1.4:1 0.57:1 2:1 1.75:1
Use the following balance sheet and income statement information to calculate the current ratio.. Current assets $ 8,000 Net income $ 9,000 Current liabilities 4,000 Stockholders equity 27,000 Average assets 40,000 Total liabilities 5,000 Total assets 30,000 Average common shares outstanding was 10,000 Group of answer choices 1.4:1 0.57:1 2:1 1.75:1
Use the following balance sheet and income statement information to calculate the current ratio.. Current assets $ 8,000 Net income $ 9,000 Current liabilities 4,000 Stockholders equity 27,000 Average assets 40,000 Total liabilities 5,000 Total assets 30,000 Average common shares outstanding was 10,000 Group of answer choices 1.4:1 0.57:1 2:1 1.75:1
Use the following balance sheet and income statement information to calculate the current ratio..
Current assets $ 8,000 Net income $ 9,000 Current liabilities 4,000 Stockholders equity 27,000 Average assets 40,000 Total liabilities 5,000 Total assets 30,000 Average common shares outstanding was 10,000
Group of answer choices
1.4:1
0.57:1
2:1
1.75:1
Definition Definition Assets available to stockholders after a company's liabilities are paid off. Stockholders’ equity is also sometimes referred to as owner's equity. A stockholders’ equity or book value generally includes common stock, preferred stock, and retained earnings and is an indicator of a company's financial strength.
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