Accounting or Financial Management Financial Ratios Current Ratio
Mitchell Corporation has current assets of $1 million and current liabilities of $750,000. If they pay $250,000 of their accounts payable, what will their new current ratio be? (Points: 4)
1.25:1
2.0:1
2.0:1
1.5:1
1.25:1??
answered by
Marc
7 years ago
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