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Astin Company Has Current Assets of $82,530, Total Assets of $242,050

Question 17

Multiple Choice

Astin Company has current assets of $82,530, total assets of $242,050, total net income of $58,240, current liabilities of $72,120, and total liabilities of $205,300. Astin Company's current ratio is


A) 1.95
B) 1.18
C) 1.14
D) 1.42

Correct Answer:

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