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If current assets are 150 total assets are 350 current liabilities are 65 and total liabilities are 100 what is the current ratio rounded to two digits?

Anonymous

∙ 15y ago

Updated: 9/18/2023

The Asset/Liability Ratio is one of the easiest to figure:

Current Ratio = Current Assets/Current Liabilities

According to your question that should be:

Current Ratio = 150 / 65

Current Ratio = 2.31 (rounded to two digits)

Wiki User

∙ 15y ago

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