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10. Using the following Balance Sheet summary information: Company) Company K Current assets $158,500 $122,000 Current liabilities 141,000 104,000 a) Calculate the Current Ratio for

10. Using the following Balance Sheet summary information: Company) Company K Current assets $158,500 $122,000 Current liabilities 141,000 104,000 a) Calculate the Current Ratio for the two companies presented: (1 Mark) B. Evaluate which company's liquidity position appears stronger, and why

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