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Cintron Corporation's Total Current Assets Are $370,000, Its Noncurrent Assets

Question 24

Multiple Choice

Cintron Corporation's total current assets are $370,000, its noncurrent assets are $740,000, its total current liabilities are $300,000, its long-term liabilities are $430,000, and its stockholders' equity is $380,000. The current ratio is closest to:


A) 0.81
B) 0.70
C) 0.50
D) 1.23

Correct Answer:

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