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A Company Has $130,000 in Current Assets; $500,000 in Total

Question 33

Multiple Choice

A company has $130,000 in current assets; $500,000 in total assets; $90,000 in current liabilities, and $110,000 in total liabilities. The company has a current ratio of:


A) 1.44.
B) 1.48.
C) 1.73.
D) 1.18.

Correct Answer:

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