Business, 13.02.2020 20:47 dre8343

Additional Information for PNG Co. in 20X1:
1. All sales were on account.
2. Earnings per share were $2.00.
3. The closing stock price on 12/31/X1 was $15.40.
4. PNG had 68,500 of its only class of (common) stock outstanding on 12/31/X1?

What was PNG Company’s current ratio for the year 20X1?

a. 7.74
b. 2.47
c. 3.32
d. 2.66

Answers: 1

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Additional Information for PNG Co. in 20X1:
1. All sales were on account.
2. Earnings pe...

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