Author Question: You own a business that has assets of 149,300 and liabilities of 83,800. What is your current ratio? ... (Read 245 times)

justinmsk

  • Hero Member
  • *****
  • Posts: 524
You own a business that has assets of 149,300 and liabilities of 83,800. What is your current ratio? (Round to the nearest hundredth)
 A) 1.56:1
  B) 1.62:1
  C) 1.78:1
  D) 2.19:1

Question 2

Solve for the rate, rounding to tenths if necessary. What percent of 50 is 3.5?



abro1885

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

C

Answer to Question 2

7



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

For a complete list of videos, visit our video library