Super Company has total assets of $6 million, current assets of $2 million, total liabilities of $1.5 million,

Super Company has total assets of $6 million, current assets of $2 million, total liabilities of $1.5 million, current liabilities of $750,000, and stockholders’ equity of $4.5 million. What is Super Company’s current ratio?

 A) 2.667    

 B) 4

 C) .33

 D) 1,250,000

Super Company has total assets of $6 million, current assets of $2 million, total liabilities of $1.5 million, current liabilities of $750,000, and stockholders’ equity of $4.5 million. What is Super Company’s working capital?

 A) 2.667

 B) 4

 C) .33

 D) 1,250,000    

In percentage terms, what is ACME’s sales revenue? ACME Corporation Sales Revenue XX%  Less: Cost of Goods Sold  XX%  Gross Profit Margin 33%

 A) 33%

 B) 67%

 C) 100%   

 D) 133%

In percentage terms, what is ACME’s cost of goods sold?  ACME Corporation Sales Revenue XX%  Less: Cost of Goods Sold XX%  Gross Profit Margin 33%

 A) 33%

 B) 67%       

 C) 100%

 D) 133%