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    A Company Has Current Assets of $105,000 and Current Liabilities
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A Company Has Current Assets of $105,000 and Current Liabilities

Question 27

Question 27

Multiple Choice

A company has current assets of $105,000 and current liabilities of $35,000.It made a $5,000 sale on account.After this transaction,its current ratio will be:


A) 0.33.
B) 1.14.
C) 3.00.
D) 3.14.

Correct Answer:

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