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A company has current liabilities of $176,000, total liabilities of $1,065,000, current assets of $220,000, and total assets of $1,500,000. The current ratio is ______.
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A company has current liabilities of $176,000, total liabilities of $1,065,000, current assets of $220,000, and total assets of $1,500,000. The current ratio is ______.

User Ilanit
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9 votes

Answer:

1.25 to 1

Step-by-step explanation:

$220,000/$176,000 = 1.25 to 1

User RWendi
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