How is the current ratio calculated? a. Cash flows from operating activities/ Current liabilities b. Current assets/Current

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How is the current ratio calculated?

a. Cash flows from operating activities/ Current liabilities

b. Current assets/Current liabilities

c. (Cash + Marketable securities)/Current liabilities

d. (Cash + Marketable securities + Accounts receivable)/Current liabilities

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Cornerstones Of Financial Accounting

ISBN: 9780176707125

2nd Canadian Edition

Authors: Jay Rich, Jefferson Jones, Maryanne Mowen, Don Hansen, Donald Jones, Ralph Tassone

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