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A company's balance sheet shows the following relationships Current ratio: 3.0 times Acid-test ratio: 2.5 times Current assets to non-current assets: 12 The total assets

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A company's balance sheet shows the following relationships Current ratio: 3.0 times Acid-test ratio: 2.5 times Current assets to non-current assets: 12 The total assets of the business are 27 million What is the value of the inventories as shown on the balance sheet? 3.25 m 4.5 m 1.5 m 3 m

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