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    Fundamental Financial Accounting Concepts Study Set 1
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    Exam 13: Financial Statement Analysis
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    Milton Company Has Total Current Assets of $46,000,including Inventory of $10,000,and
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Milton Company Has Total Current Assets of $46,000,including Inventory of $10,000,and

Question 18

Question 18

Multiple Choice

Milton Company has total current assets of $46,000,including inventory of $10,000,and current liabilities of $20,000.The company's current ratio is:


A) 0.4.
B) 1.8.
C) 2.8.
D) 2.3.

Correct Answer:

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