As the accountant for marston retail stores, you must calculate the current ratio for the firm's last accounting period. the firm's current assets were $120,000, its fixed assets were $240,000, its current liabilities were $80,000, and its long-term liabilities were $60,000.
given these facts, what is the firm's current ratio?

a) 4 b) 1.5 c) 3 d) 2 e) 1

C) 3

Explanation:

The current ratio is the firms Current assets relative to its current liabilities.

It can be calculates as follows,

Current Ratio = Current assets / Current liabilities

Current Ratio = 240,000 / 80,000

Current ratio = 3

This signifies a healthy ratio as the company has 3 times as much current assets as compared to its current liabilities.

Hope that helps.

there is no following so id just amuse false

employees use applications that are uniformed so that they are able to look over them more quickly because the do not want to spend a long time reading through the applications so they get all the infomation that the are looking for on the application they made so the do not have to read about unnessacary infomaton. so to make it simple it them find the person that they want to hirer faster with out wasting time.

i hope this i spelt things wrong i believe but this is why

mark me brainliest.

this website has me so much feel free to keep asking questions