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    Cornerstones of Financial Accounting Study Set 3
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    Exam 12: Financial Statement Analysis
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    If a Company's Current Ratio Is 1
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If a Company's Current Ratio Is 1

Question 201

Question 201

Multiple Choice

If a company's current ratio is 1.5 and the current liabilities are $150,000, then the current assets are


A) $300,000
B) $225,000
C) $100,000
D) $75,000

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