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Refer to the Following Selected Financial Information from Frankle Corp

Question 4

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Refer to the following selected financial information from Frankle Corp. Compute the company's current ratio.  Current Assets 306,450 Plant assets 388,000 Current Liabilities 107,800 Net sales 676,000 Net Income 75,000\begin{array}{|l|r|}\hline\\\hline \text { Current Assets } & 306,450 \\\hline \text { Plant assets } & 388,000 \\\hline \text { Current Liabilities } & 107,800 \\\hline \text { Net sales } & 676,000 \\\hline \text { Net Income } & 75,000\\\hline\end{array}


A) 1.44.
B) 3.60.
C) 6.27.
D) 6.44.
E) 2.84.

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