can someone explain me how to calculate this? Becker Architecture Firm Selected Financial Information...
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can someone explain me how to calculate this?
Becker Architecture Firm Selected Financial Information December 31, 2019 Current Assets Current Liabilities Long- Term Assets Long- Term Liabilities Total Revenues Total Expenses $70,000 35,000 11,000 62,000 54,000 32,000 Which of the following statements is an accurate interpretation of the current ratio of the Becker Architecture Firm? (Round your answer to two decimal places.) OA. O B. The company has $2.00 of current assets for every $1.00 of current liabilities The company has $0.79 of current assets for every $1.00 of liabilities The company has $0.56 of current assets for every $1.00 of current liabilities The company has $0.18 of current assets for every $1.00 of liabilities C. O D
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can someone explain me how to calculate this?