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Maids-R-Us Had Current Assets of $1,160 and Total Assets of $2,640.It

Question 127

Multiple Choice

Maids-R-Us had current assets of $1,160 and total assets of $2,640.It had $650 in accounts payable and a note payable for $1,500 due in two years.The current ratio (rounded) was ________.


A) 1.23
B) 1.78
C) 0.54
D) 0.81

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