Mathematics · Ratio and Proportion
A company's current ratio is 2.5, and its current liabilities are $400,000. What amount of current assets does the company have?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1$1,500,000
- 2$1,200,000
- 3$1,000,000✓
- 4$800,000
Correct answer
$1,000,000
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