This preview shows page 1. Sign up to view the full content.
Unformatted text preview: D Both A and B 3. Given the following financial information, what is RLK Corporations current ratio? Liabilities $250,000 Owners Equity $300,000 Long-term assets $375,000 Revenue $1,200,000 Salary Expense $310,000 Rent Expense $120,000 Accounts Receivable $75,000 Current Liabilities $100,000 A 1.75 B 2.15 C 2.20 D None of the above....
View Full Document
This note was uploaded on 01/31/2011 for the course ACCT 2102 taught by Professor Clark during the Spring '10 term at Georgia State.
- Spring '10