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Use the Following Information to Answer Questions

Question 79

Multiple Choice

Use the following information to answer questions
Bracewell Corporation’s current ratio is 2.5:1. The company’s current liabilities total $200,000.
-Bracewell has current assets of


A) $ 80,000.
B) $250,000.
C) $300,000.
D) $500,000.
E) The amount cannot be calculated from the information given.

Correct Answer:

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