You own a business that has assets of 149,300 and liabilities of 83,800. What is your current ratio? ...

Author Question: You own a business that has assets of 149,300 and liabilities of 83,800. What is your current ratio? ... (Read 228 times)

justinmsk

Hero Member
Posts: 524

on: Jun 24, 2018

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

Reply #1 on: Jun 24, 2018

Answer to Question 1

C

Answer to Question 2

7

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justinmsk

Hero Member
Posts: 524

Reply #2 on: Jun 24, 2018

Thank you

abro1885

Sr. Member
Posts: 337

Reply #3 on: Jun 24, 2018

No problemo

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Author Question: You own a business that has assets of 149,300 and liabilities of 83,800. What is your current ratio? ... (Read 228 times)

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