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Accounting 421 Exercise 24-8 The current ratio of a company is 6:1 and its acid ratio is 1:1. If the inventories and prepaid items amount

Accounting 421 Exercise 24-8

The current ratio of a company is 6:1 and its acid ratio is 1:1. If the inventories and prepaid items amount to $456,000, what is the amount of current liabilities?

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