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With Fixed Assets of $6

Question 8

Multiple Choice

With fixed assets of $6.1 billion and current assets of $2.69 billion,Calder Enterprises also has long-term liabilities of $1.7 billion and current liabilities of $0.34 billion.What is the firm's current ratio?


A) 7.9
B) 2.27
C) 5
D) none of the above

Correct Answer:

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