alleryDividing current assets of 6,200 by current liabilities of 1,850 gives a current ratio of about:
A1.35
B3.35
C2.35
D4.35
Answer & Solution
Correct answer: B. 3.35
1. The current ratio is current assets divided by current liabilities.
2. 6,200 divided by 1,850 is roughly 3.35.
3. The current ratio is about 3.35.
_Source: OpenStax Principles of Financial Accounting, Chapter 2, Introduction to Financial Statements._
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