If current assets are $80,000 and current liabilities are $45,000, the current ratio is:
A) 1:1.
B) 0.77:1.
C) 1.78:1.
D) 1.2:1
Answer: C
Business
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Fill in the blank(s) with the appropriate word(s).
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If a person purchases the right to occupy a unit for a certain designated period each year, this is called:
a. undivided ownership b. time share ownership c. cooperative ownership d. estate for years ownership
Business