| Owners equity and ratios I have two questions
1.If the current ratio is 2.2:1, current assets are $33,000, and noncurrent assets equal $55,000, then owners equity is (assume that all liabilities are current)
2. What is the current ration if noncurrent assets equal $60,000, total assets equal $95,000, and owners equity equals $70,000 (assume that all liabilities are current) |