A large manufacturing company has current assets of approximately $9,400,000 and current liabilities of about...

Vendor: FINRA
Product: Series-7
Update on: Jul 25, 2025
Questions: 400

FINRA Series-7 Question Answer

A large manufacturing company has current assets of approximately $9,400,000 and current liabilities of about $4,900,000.

Which of the following statements is true about the current ratio?

it is substantially below the standard minimum

it is somewhat below the standard minimum

it is about the standard minimum

it is somewhat above the standard minimum

FINRA Series-7 Summary

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