You own a business that has assets of 139,300 and liabilities of ...

[tsand2]

You own a business that has assets of 139,300 and liabilities of 74,800. What is your current ratio? (Round to the nearest hundredth)
 A) 1.46:1
  B) 1.52:1
  C) 1.86:1
  D) 2.89:1

Question 2

Solve for the rate, rounding to tenths if necessary: 258.25 is what percent of 518.60?

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Answer to Question 1

C

Answer to Question 2

49.8

[tsand2]

Thanks for the timely response, appreciate it

[kswal303]

Excellent