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    A Company Has a Current Ratio of 2
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A Company Has a Current Ratio of 2

Question 60

Question 60

Multiple Choice

A company has a current ratio of 2.0 and current assets of $550,000.What is its current liabilities balance?


A) 2.0
B) $275,000
C) $550,000
D) $1,100,000

Correct Answer:

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