Question

Easiest question PLZ HELP ME quickly!!!!

Hannah’s Hardware has current assets of $25,000 and current liabilities of $75,000. What is their current ratio? What does this ratio mean?

X no spam X
X no rando answers X

BRAINIEST

Answer 1

Answer:

current ratio will be 25000/75000 = 1:3

this ratio mean that the assets are less than the liabilities