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ABC company has total assets of $650,000, long-term debt of $200,000, total equity of $350,000, net fixed assets of $510,000, and sales of 1,020,000. The

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ABC company has total assets of $650,000, long-term debt of $200,000, total equity of $350,000, net fixed assets of $510,000, and sales of 1,020,000. The profit margin is 6.5%. What is the current ratio? 1.26 1.5 . .75 1.1 1.4

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