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Use the Following Information to Answer Questions

Question 8

Multiple Choice

Use the following information to answer questions.The Balance Sheet of MNO Company shows current assets of £1,250,000; current liabilities of £900,000; non-current assets of £2,400,000; and long-term debt of £750,000.
-The working capital ratio is closest to:


A) 192%
B) 139%
C) 120%
D) 110%

Correct Answer:

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