Ratios: Working Capital and the Current Ratio Video Lessons

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Problem: Current assets are $400,000 of the total assets of $1,000,000. Current liabilities are $200,000 of the total liabilities of $700,000. What is the current ratio? A) 2.00 B) 2.50 C) 1.43 D) 1,75

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Problem Details

Current assets are $400,000 of the total assets of $1,000,000. Current liabilities are $200,000 of the total liabilities of $700,000. What is the current ratio?

A) 2.00

B) 2.50

C) 1.43

D) 1,75

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