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If the current ratio is equal to 2, and current liabilities is 100, how much is the current assets?Select one:a.150b.50c.200d.250

Question

If the current ratio is equal to 2, and current liabilities is 100, how much is the current assets?Select one:a.150b.50c.200d.250

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Solution

The current ratio is calculated by dividing current assets by current liabilities. If the current ratio is 2 and the current liabilities is 100, then the current assets can be calculated as follows:

Current Ratio = Current Assets / Current Liabilities

2 = Current Assets / 100

To find the current assets, we multiply both sides of the equation by 100:

2 * 100 = Current Assets

So, the current assets is 200. Therefore, the correct answer is c. 200.

This problem has been solved

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