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Dragin Company's Working Capital Is $36,000 and Its Current Liabilities

Question 106

Multiple Choice

Dragin Company's working capital is $36,000 and its current liabilities are $61,000.The company's current ratio is closest to:

A) 0.41 to 1.
B) 0.59 to 1.
C) 1.59 to 1.
D) 2.69 to 1.

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