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A firm has the following balance sheet information: total assets = $ 1 0 0 , 0 0 0 ; current assets = $ 3

A firm has the following balance sheet information: total assets = $100,000; current assets = $30,000; inventories = $10,000; cash = $5,000; total liabilities = $30,000; current liabilities = $15,000; and notes payable = $2,000. What is the firm\'s current ratio?

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