Determining the current ratio of peter motor works


Peter's Motor Works has total assets of $689,400, long-term debt of $299,500, total equity of $275,000, net fixed assets of $497,800, and sales of $721,500. The profit margin is 4.6 percent. What is the current ratio?

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: Determining the current ratio of peter motor works
Reference No:- TGS042754

Expected delivery within 24 Hours