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A company has the following information: Current assets 70,000; Long term assets - $150,000; Long term liabilities: $20,000; Short term Liabilities: $35,000; Common Stock $100,000;

A company has the following information: Current assets 70,000; Long term assets - $150,000; Long term liabilities: $20,000; Short term Liabilities: $35,000; Common Stock $100,000; Retained Earnings $65,000. What is the current ratio

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