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Given the Following Information,calculate the Current Ratio: Liabilities = $-24,500

Question 17

Multiple Choice

Given the following information,calculate the current ratio: Liabilities = $-24,500
Liquid assets = $-4,900
Monthly credit payments = $-800
Monthly savings = $-760
Net worth = $-72,500
Current liabilities = $-1,600
Take-home pay = $-2,300
Gross income = $-3,500
Monthly expenses = $-2,040


A) -33.79
B) -3.06
C) -2.40
D) -34.78
E) -21.71

Correct Answer:

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