On Dec. 31, 2021, Windsor Mold Co. has disclosed some of the company's financial data: Current Assets: $75 million Long-Term Assets: $125 million Total Net Worth: $125 million Total Long-Term Liabilities: $15 million Calculate the company's Current Ratio =? Current Ratio = 1.50 Current Ratio = 1.25 Current Ratio = 1.67 Current Ratio = 1.10 Current Ratio = 1.33

Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 50E: Juroe Company provided the following income statement for last year: Juroes balance sheet as of...
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On Dec. 31, 2021, Windsor Mold Co. has disclosed some of the company's financial data:
Current Assets:
$75 million
Long-Term Assets:
$125 million
Total Net Worth:
$125 million
Total Long-Term Liabilities: $15 million
Calculate the company's Current Ratio =?
Current Ratio = 1.50
Current Ratio = 1.25
Current Ratio = 1.67
Current Ratio = 1.10
Current Ratio = 1.33
Transcribed Image Text:On Dec. 31, 2021, Windsor Mold Co. has disclosed some of the company's financial data: Current Assets: $75 million Long-Term Assets: $125 million Total Net Worth: $125 million Total Long-Term Liabilities: $15 million Calculate the company's Current Ratio =? Current Ratio = 1.50 Current Ratio = 1.25 Current Ratio = 1.67 Current Ratio = 1.10 Current Ratio = 1.33
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