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    College Accounting Study Set 5
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    Exam 15: Financial Statements and Year-End Accounting for a Merchandising Business
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    The Current Ratio Is Determined by Subtracting Current Liabilities from Current
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The Current Ratio Is Determined by Subtracting Current Liabilities from Current

Question 37

Question 37

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The current ratio is determined by subtracting current liabilities from current assets.

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