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A company has current assets of $450,000 and a current ratio is 2.5. Assume that the company prepays rent for 9 months in the amount
A company has current assets of $450,000 and a current ratio is 2.5. Assume that the company prepays rent for 9 months in the amount of $20,000. The current ratio after this transaction is closest to
A.) | 2.39 |
B.) | 2.61 |
C.) | 2.5 |
D.) | 2.81 |
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