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Abracadabra Magic Shop posted the following financial statements at the end of their last. fiscal year, which happened to be identical to the previous year.

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Abracadabra Magic Shop posted the following financial statements at the end of their last. fiscal year, which happened to be identical to the previous year. Balance Sheet: Cash Accounts Receivable Inventory Property, Plant and Equipment 50 200 100 4.500 Accounts Payable Long-term Debt Stockholders Equity 100 2,000 2,750 What is Abracadabra's current ratio

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