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....
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- Spring '10
- Balance Sheet, Generally Accepted Accounting Principles, salary expense, Mr. Drummond, drummond company, Response Pad Questions