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Rubendall Corporation's Total Current Assets Are $310,000, Its Noncurrent Assets

Question 119

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Rubendall Corporation's total current assets are $310,000, its noncurrent assets are $630,000, its total current liabilities are $250,000, its long-term liabilities are $300,000, and its stockholders' equity is $390,000.Required:Compute the company's current ratio. Show your work!

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Current ratio = Curr...

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