5. The current ratio is: a. current liabilities divided by current assets. b. the sum of cash,...
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5. The current ratio is:
a. current liabilities divided by current assets.
b. the sum of cash, accounts receivable, and notes receivable divided by current liabilities.
c. current assets divided by current liabilities.
d. current assets divided by total liabilities.
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Related Book For 
College Accounting A Contemporary Approach
ISBN: 9781259995156
4th Edition
Authors: M. David Haddock
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