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Using the Following Balance Sheet and Income Statement Data, What

Question 160

Multiple Choice

Using the following balance sheet and income statement data, what is the current ratio? Using the following balance sheet and income statement data, what is the current ratio? Average common shares outstanding was 15,000. A) 2.0: 1 B) 2.6: 1 C) 0.5: 1 D) 2.9: 1 Average common shares outstanding was 15,000.


A) 2.0: 1
B) 2.6: 1
C) 0.5: 1
D) 2.9: 1

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