Kinetics, Inc has total assets that equal $214,600 along with long term debt that equals $52,700, total equity equaling $119,500, fixed assets that equal $164,400 and finally sales that equal $241,900.
If Kinetics Inc has a profit margin that is 6%, what is the current ratio?© BrainMass Inc. brainmass.com March 21, 2019, 10:50 pm ad1c9bdddf
Current Ratio = Current Assets/Current Liabilities
Current Assets = Total Assets - Fixed Assets
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