Mens Clothes Calculate

Read the information for Men’s Clothes, Inc. Calculate the current ratio for Men’s Clothes.

Choose one answer.

Men’s Clothes, Inc. a retailer of men’s clothing, earned a net profit of $77,000 for 2012. The balance sheet for Men’s Clothes includes the following items:

	a.	3.00 to 1
	b.	2.16 to 1
	c.	2.94 to 1
	d.	2.75 to 1

 

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