Course: (20165P1-ART-22 -Course Schedules For Sp Current Ratio Calculator × × St
ID: 2420807 • Letter: C
Question
Course: (20165P1-ART-22 -Course Schedules For Sp Current Ratio Calculator × × Stice19-Wesley Suero-03 x https://docs.google.com/spreadsheets/d/1 We5xofrCX9Uwke0Bag6aZQ7UGSSwTSMgVZNjaduorWU/edit#gid=754861994 ABP- f Facebook Gmail YouTube-Broadcast ro Mechanical Dummy MyESC: MyESC Hom: N 17 Books Every Gay M Free Museum Days in Plugins Bookmarks Afdah-Watch Movies » 0ther bookmarks wessuero@gmail.com Stice19-Wesley Suero-03-31 File Edit View Insert Format Data Tools Add-ons Help All changes saved in Drive Comments Share A B C 0 762. (a) Current ratio: Current assets Current liabilities $225,200 $ 81,370 81 Debt ratio $. 333.370 $697,410 84 85 Total assets 91 95 100 101 | 03-31 2:22Explanation / Answer
Answer:
Current ratio = Current asset/Current liability = $225,200/$81,370 = 2.768
Debt ratio = $333,370/$679,410 = 0.4907 = 49.07%