If current assets amount to $120,000, total assets are $600,000, current liabilities are $60,000, long term debt is $340,000 and total liabilities are $400,000, what is the current ratio?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “If current assets amount to $120,000, total assets are $600,000, current liabilities are $60,000, long term debt is $340,000 and total ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
The following information is provided for Sacks Company before closing entries. Cash $ 12,000 Supplies 4,500 Prepaid rent 2,000 Salaries expense 4,500 Equipment 65,000 Service revenue 30,000 Miscellaneous expenses 20,000 Dividends 3,000 Accounts
Answers (1)
Lopez Co. had three major business transactions during 2017. (a) Reported at its fair value of $260,000 merchandise inventory with a cost of $208,000. (b) The president of Lopez Co.
Answers (1)
Which of these is a disadvantage of banking with national retail banks
Answers (1)
Alice and bob each have a certain amount of money. if alice receives $n$ dollars from bob, then she will have 3 times as much money as bob. if, on the other hand, she gives $n$ dollars to bob, then she will have 2 times as much money as bob.
Answers (1)
To segment markets means to distinguish customers or markets according to common characteristics. a. True b. False
Answers (1)
New Questions in Business
Secular inflation in the United States since 1960 has been most likely be the result of persistent leftward shifts of the aggregate demand curve. persistent rightward shifts of the long-run aggregate supply curve.
Answers (1)
Which of the following roles require publicly-traded companies to have an internal audit function? A) The New York Stock Exchange (NYSE) B) The Internal Revenue Service (IRS) C) The stockholdersD) The Board of Directors
Answers (1)
Which of the following is an example of self-interest that attempts to promote the public interest? A mother prevents her children from becoming vaccinated against measles, mumps, and rubella because of fears of autism.
Answers (1)
Employers may require job candidates take a personality test to make sure they are the right fit for their company. true or false
Answers (1)
Which of the following is an illegal marketing practice? A. Premium pricing B. Loss-leader pricing C. Bait-and-switch D. Vertical price fixing E. Prestige pricing
Answers (1)