A company has a total assets of 120000 current assets of
Question - A company has a total assets of $120,000, current assets of $80,000, total liabilities of $50,000 and current liabilities of $25,000. What is the current ratio?
a) 4.80 to 1
b) 3.20 to 1
c) 2.40 to 1
d) 1.60 to 1
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ceelo company purchased at a cost of 1000 and used 2400 pounds of materials during may ceelos standard cost of
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