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Wilberton's Has Total Assets of $537,800, Net Fixed Assets of $412,400

Question 34

Multiple Choice

Wilberton's has total assets of $537,800, net fixed assets of $412,400, long-term debt of $323,900, and total debt of $388,700.If inventory is $173,900, what is the current ratio?


A) 2.01
B) .52
C) .84
D) 1.18
E) 1.94

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