Debt management ratios measure __________.
Question 39 of 402.5/ 2.5 PointsTo close the Withdrawals account __________.A. debit Withdrawals; credit CapitalB. debit Capital; credit WithdrawalsC. debit Withdrawals; credit Income SummaryD. debit Income Summary; credit Withdrawals
Question 40 of 402.5/ 2.5 PointsThe current ratio for a company with current assets of $70,000, current liabilities of $50,000, total assets of $150,000, and net sales of $80,000, would be __________.