Use the information in Table 4.1 to determine the 2013 current ratio f
Use the information in Table 4.1 to determine the 2013 current ratio for Bacon Signs.
A) $3,908/$2,943 = 1.33
B) $3,527/$2,250 = 1.57
C) $3,170/$2,943 = 1.08
D) $713/$2,943 = 0.24
ANSWER
A
Explanation: A) CR = CA / CL
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