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A Company Has $100,000 in Current Assets;$600,000 in Total Assets;$80,000

Question 32

Multiple Choice

A company has $100,000 in current assets;$600,000 in total assets;$80,000 in current liabilities,and $120,000 in total liabilities.Calculate the current ratio of the company.(Round your answer to two decimals. )


A) 1.25
B) 2.00
C) 1.80
D) 0.83

Correct Answer:

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