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A firm has the following figures in its annual report: Sales 1,220, Cost of Goods Sold 845, EBIT 335, Net Income 197, Receivables 105, Inventory

A firm has the following figures in its annual report: Sales 1,220, Cost of Goods Sold 845, EBIT 335, Net Income 197, Receivables 105, Inventory 145, Cash 125, Total Assets 2,229, Accounts Payable 122, Long term Debt 777, Stockholders Equity 1,330. Compute the firms current ratio.

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