The current assets of Myers Company are $250000. The current liabilities are $100000. The current ratio expressed as a proportion is

A) 250%.
B) 2.5 : 1
C) .25 : 1
D) $250000 ÷ $100000.

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within one year or within the normal operating cycle of the business.

Current Liabilities

Current liabilities are financial obligations a company is due to pay within one year, including accounts payable, short-term debts, and other similar liabilities.

Proportion

A segment, piece, or amount looked at in relation to the entirety.