Mens Clothes Calculate
Read the information for Men’s Clothes, Inc. Calculate the current ratio for Men’s Clothes.
Choose one answer.
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Men’s Clothes, Inc. a retailer of men’s clothing, earned a net profit of $77,000 for 2012. The balance sheet for Men’s Clothes includes the following items:
a. |
3.00 to 1 |
|
b. |
;2.16 to 1 |
|
c. |
2.94 to 1 |
|
d. |
2.75 to 1 |