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A Company Ends the Year with a Banker's Ratio of 5.3.What

Question 82

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A company ends the year with a banker's ratio of 5.3.What would be the value of its current liabilities if its current assets total $16.43 million?


A) $3.1 million
B) $5.3 million
C) $0.32 million
D) $3.2 million
E) $31.0 million

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