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A company has $110,000 in current assets; $500,000 in total assets; $90,000 in current liabilities, and $110,000 in total liabilities. Calculate the current ratio of

A company has $110,000 in current assets; $500,000 in total assets; $90,000 in current liabilities, and $110,000 in total liabilities. Calculate the current ratio of the company. (Round your answer to two decimal places.) OA. 1.22 B. 1.82 O C. 1 OD. 1.61
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