a-company-has-current-assets-of-500000-and-current-liabilities-of-400000-calcula

Question

A company has current assets of $$500,000 and current liabilities of 400$$,000. Calculate the current ratio and working capital.

Accepted Answer

Current ratio: 1.25, Working capital: $100,000

Answer

Current ratio: 0.80, Working capital: $900,000

Answer

Current ratio: 1.50, Working capital: $200,000

Answer

Current ratio: 1.00, Working capital: $500,000

A company has current assets of \$500,000 and current liabilities of \$400,000. Calculate the current ratio and working capital.