Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. gnas corporation's total current assets are $252,0

Gnas Corporation's total current assets are $252,000, its noncurrent assets are $632,000, its total current...

90.2K

Verified Solution

Question

Accounting

Gnas Corporation's total current assets are $252,000, its noncurrent assets are $632,000, its total current liabilities are $188,000, its long-term liabilities are $518,000, and its stockholders' equity is $178,000. The current ratio is closest to:

1.34

0.75

1.42

1.06

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Biology
1.2K views

Outline the steps involved in the import of a protein into the mitochondria. Indicate the steps...

Chemistry
1.2K views

The ethyl mercaptan, C2H5SH, concentration in a mixture was determined by shaking a 1.534-g sample with...

Physics
1.2K views

How would you know define one to one correspondence when talking with the parents?

Algebra
1.2K views

Determine if the statement is true or false and justify your answer If det A...

Accounting
1.2K views

When the level of activity decreases, variable costs will:A- increase per unit.B- increase in total.C-...

Accounting
1.2K views

Comprehensive income is an important concept in accounting because it represents a. all changes in...

Accounting
1.2K views

Oak Creek Company is preparing its budgeted income statement for 2020. Relevant data pertaining to...

Finance
1.2K views

Homework: Chapter 16 Homework Question 2, P16-7 (simila... Part 1 of 3 HW Score: 33.33%,...

Accounting
1.2K views

Assume that all balance sheet amounts for Carolina Company represent average balance figures. Stockholders' equity"common...

Finance
1.2K views

An unlevered firm faces a corporate income tax rate of 25%. If the firm decides...

Finance
1.2K views

Question 4 1 pts You decide to form a portfolio of the following amounts invested...

Finance
1.2K views

A new road surface is being considered for Highway 51. The initial cost is $500,000....