Based on the net working capital and the current assets, the current ratio of the firm is 2.92
<h3>What is the firm's current ratio?</h3>
First, find the current liabilities:
= Current assets - Net working capital
= 3,500 - 2,300
= $1,200
The current ratio is:
= Current assets / Current liabilties
= 3,500 / 1,200
= 2.92
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Answer 10$ + 8$+5$= answer that first.
Step-by-step explanation:
Ohio = 45,000, Cali = 160000, Texas = 270000, Connecticut = 5500, SC = 32000,
A would be true
B would be false
C would be false
D would be true, assuming "about" means you can round up a little.
hope this helped
