Question:

How do I find the current ratio from this data...?

by  |  earlier

0 LIKES UnLike

http://i359.photobucket.com/albums/oo32/lilshy106/School%20Stuff/excel.jpg

 Tags:

   Report

1 ANSWERS


  1. Current ratio = Current Assets/Current Liabilities

    = 1,115,310/326,400 = 3.417:1

    That means you have $3.417 in current assets to pay for every $1 in current liabilities.

Question Stats

Latest activity: earlier.
This question has 1 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.
Unanswered Questions