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Maywood Company Has a Current Ratio of 6

Question 108

Multiple Choice

Maywood Company has a current ratio of 6.00.This indicates that the company has $6 in ________.


A) current liabilities for every $1 of current assets
B) total assets for every $1 of current liabilities
C) current assets for every $1 of current liabilities
D) total assets for every $1 of current assets

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