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A Company Has $45,600 in Current Assets; $111,320 in Total

Question 19

Multiple Choice

A company has $45,600 in Current assets; $111,320 in Total assets; $67,500 in Current liabilities and $188,400 in Total liabilities.The company has a current ratio of:


A) 0.68.
B) 1.48.
C) 0.24.
D) 0.59.

Correct Answer:

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