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A Company Has Current Assets of $250,000,current Liabilities of $180,000,cash

Question 59

Multiple Choice

A company has current assets of $250,000,current liabilities of $180,000,cash of $70,000,and a mortgage at the bank for $150,000 cash.What is the company's current ratio?


A) 0.47 3.57
B) 1.39
C) 1.67
D) 3.57

Correct Answer:

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