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A Montreal ﬁRm Has Current Liabilities of $250, a Current

Question 251

Multiple Choice

A Montreal ﬁrm has current liabilities of $250, a current ratio of 1.2, and a quick ratio of 0.81. Calculate the level of inventory for this ﬁrm.

A) $45
B) $50
C) $97.5
D) $120
E) $200

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