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Clean Sweep Had Current Assets of $650 and Long-Term Assets

Question 115

Multiple Choice

Clean Sweep had current assets of $650 and long-term assets of $1,350.It had current liabilities of $500 and a note payable of $600 due in three years.Its current ratio (rounded) was ________.


A) 1.30
B) 1.82
C) 4.00
D) 0.59

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