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A Company Has $140,000 in Current Assets;$600,000 in Total Assets;$80,000

Question 64

Multiple Choice

A company has $140,000 in current assets;$600,000 in total assets;$80,000 in current liabilities,and$120,000 in total liabilities.The company has a current ratio of:


A) 1.76
B) 1.17
C) 1.57
D) 1.75

Correct Answer:

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