A company has current assets of $100,000, current liabilities of $50,000, and total assets of $300,000. What is the company's current ratio?

The current ratio is a financial ratio that measures a company's ability to pay off its short-term liabilities with its current assets. To calculate the current ratio, we divide current assets by current liabilities. In this case:

Current ratio = Current assets / Current liabilities

We are given that the company has current assets of $100,000 and current liabilities of $50,000, so we can plug these values into the formula:

Current ratio = $100,000 / $50,000
Current ratio = 2