Pregunta
Matie’s Playground Equipment has current assets of
Select one:
a.
O.
O c.
d.
Select one:
a.
O.
O c.
d.
Ask by Cruz Allan. in the United States
Mar 21,2025
Solución de inteligencia artificial de Upstudy
Respuesta verificada por el tutor
Responder
The current ratio is approximately 1.63:1.
Solución
To find the current ratio, we use the formula:
Given:
- Current Assets =
- Current Liabilities =
Now, let’s calculate the current ratio:
Next, I will perform the calculation.
Calculate the value by following steps:
Calculate the value by following steps:
- step0: Calculate:
- step1: Reduce the fraction:
The calculation gives us:
Rounding this to the nearest hundredth, we get:
Thus, the correct answer is:
b.
Respondido por UpStudy AI y revisado por un tutor profesional
Como
error msg
Explicar 
Simplifique esta solución Extra Insights
To find the current ratio, you divide current assets by current liabilities.
Current ratio = Current Assets / Current Liabilities =
So the current ratio is approximately
This means for every dollar of current liabilities, Matie’s Playground Equipment has about $1.63 in current assets, which is a solid position! Keep an eye on your ratios, as they provide great insight into a company’s short-term financial health.
¡Prueba Premium ahora!
¡Prueba Premium y hazle a Thoth AI preguntas de matemáticas ilimitadas ahora!
Quizas mas tarde
Hazte Premium
