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4. The balance sheet of GR Inc., shows the following: current assets: $200,000; total assets: $1,000,000; current liabilities: $50,000; total liabilities: $600,000; and stockholders'
4. The balance sheet of GR Inc., shows the following: current assets: $200,000; total assets: $1,000,000; current liabilities: $50,000; total liabilities: $600,000; and stockholders' equity: $400,000. What is GR's current ratio:
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Financial Accounting A Critical Approach
Authors: John Friedlan
4th edition
1259066525, 978-1259066528
