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As a Bank Loan Officer,you Are Considering a Loan Application

Question 326

Multiple Choice

As a bank loan officer,you are considering a loan application by Peak Performance Sporting Goods.The company has provided you with the following information from its Balance Sheet: Peak Performance's current ratio is:


A) 1.0.
B) 1.5.
C) 2.5.
D) 3.0.

Correct Answer:

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