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    Accounting for Non Specialists
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    Exam 8: Analysis and Interpretation of Financial Statements
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    If Line Ltd Has a Current Ratio of 2
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If Line Ltd Has a Current Ratio of 2

Question 66

Question 66

Multiple Choice

If Line Ltd has a current ratio of 2.5:1 and current assets are $600,000, how much are the company's current liabilities?


A) $240,000.
B) $300,000.
C) $360,000.
D) $200,000.

Correct Answer:

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