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On December 31, 2019, Richie Corporation had total assets of $35,000, of which $14,000 were...

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Accounting

On December 31, 2019, Richie Corporation had total assets of $35,000, of which $14,000 were current. It also had $18,000 in liabilities, of which $7,000 were current. Which of the following correctly identifies Richies current ratio and working capital? Current Ratio Working Capital a. 2 to 1 $17,000 b. 1.94 to 1 $17,000 c. 2 to 1 $7,000 d. 5 to 1 $28,000 e. 1.94 to 1 $7,000

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