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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 331 times)

justinmsk

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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

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Reply #1 on: Jun 24, 2018
Answer to Question 1

C

Answer to Question 2

7


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justinmsk

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Reply #2 on: Jun 24, 2018
Thank you


abro1885

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Reply #3 on: Jun 24, 2018
No problemo


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