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Wide Colores Cash of 200, Accounts Receivable of 5700 and Office Supplies of Worldwide wen 400...


Wide Colores Cash of 200, Accounts Receivable of 5700 and Office Supplies of Worldwide wen 400 on Accounts Payable and has Sa
Wide Colores Cash of 200, Accounts Receivable of 5700 and Office Supplies of Worldwide wen 400 on Accounts Payable and has Salarios Payable of 5100 Worldwide's current ratio is (Round the current ratio to two decimal OA 067
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ReportAnswer #1

Current assets = Cash + Account receivable + Supplies

= 200 + 700 + 600

= 1500

Current liabilities = Accounts payable + Salaries payable

= 400 + 100

= 500

Current ratio = Current assets / Current liabilities

= 1500 / 500

= 3.00

Correct choice B

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