Ratios: Working Capital and the Current Ratio Video Lessons

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Problem: Listed below are the account balances of the Frank Corporation on December 31, 2014. What is Frank’s current ratio: A. 1.077. B. 0.929. C. 1.190. D. 0.933.

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Listed below are the account balances of the Frank Corporation on December 31, 2014.

What is Frank’s current ratio:

A. 1.077.

B. 0.929.

C. 1.190.

D. 0.933.

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Based on our data, we think this problem is relevant for Professor Chung's class at FIU.