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    Exam 13: Financial Statement Analysis Available Online in the Connect Library
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    Morton Company Has Total Current Assets of $45,000, Including Inventory
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Morton Company Has Total Current Assets of $45,000, Including Inventory

Question 23

Question 23

Multiple Choice

Morton Company has total current assets of $45,000, including inventory of $10,000, and current liabilities of $21,000. The company's current ratio is:


A) 0.4.
B) 1.7.
C) 2.1.
D) 2.6.

Correct Answer:

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