Business, 20.02.2020 23:07 alarconanais07

Philippe Organic Farms has total assets of $689,400, long-term debt of $198,375, total equity of $364.182, net fixed assets of $512,100, and sales of $1,021,500. The profit margin is 6.2 percent. What is the current ratio?

A. 1.26
B. 1.40
C. .95
D. 1.12
E. 1.50

Answers: 2

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Philippe Organic Farms has total assets of $689,400, long-term debt of $198,375, total equity of $36...

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