The current assets of Margo Company are $300,000. The current liabilities are $100,000.The current ratio expressed as a proportion is:. a. 300%.
b. 3.0 : 1
c. .33 : 1
d. $300,000 ÷ $100,000.

b. 3.0 : 1

Explanation:

Current ratio is used to measure a company's financial ability to pay short-term obligations or those due within one year. It is measure by Current asset/Current liability

The Current ratio = $300,000 / $100,000 = 3.0 : 1

Note: The higher the quick ratio, the better the company's liquidity position.

$0

Explanation:

We should note that based on the information given, Robert and Becca file jointly, therefore, their their capital gains tax be in the current year will be $0.

Assuming they filed separately, their capital gains tax be in the current year will be:

= 15% × ($28,000 - $17,000)

= 0.15 × $11000

= $1650.

But regarding the question, the answer is $0.