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With Fixed Assets of $4 Billion and Current Assets of $1.7

Question 93

Multiple Choice

With fixed assets of $4 billion and current assets of $1.7 billion,Realm Company has long-term liabilities of $2 billion and current liabilities of $0.34 billion.What is Realm's current ratio?


A) 0.85
B) 2
C) 2 .44
D) 5
E) 11.76

Correct Answer:

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