Question: Given the following information about New Growth G…
Given the following information about New Growth Garden Shop, what is the current ratio?
| New Growth Garden Shop | |
| Current Assets | $105,367 |
| Accounts receivable | 56,457 |
| Cash | 31,020 |
| Inventories | 17,890 |
| Cost of goods sold | 25,046 |
| Total current liabilities | 95,568 |
| 0.83 | |
| 1.43 | |
| 0.91 | |
| 1.10 |
Trackbacks and pingbacks
No trackback or pingback available for this article.