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Earth Fare Foods Has Total Assets of $229,800,net Fixed Assets

Question 70

Multiple Choice

Earth Fare Foods has total assets of $229,800,net fixed assets of $71,500,long-term debt of $52,000,and total debt of $78,700.If inventory is $45,000,what is the current ratio?


A) 0.20
B) 0.46
C) 0.84
D) 1.18
E) 5.93

Correct Answer:

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