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Al the beginning of the year, Butters Company's balance sheet showed current assets of $32,000 and current liabilities of $24,000. During the current year, Butters
Al the beginning of the year, Butters Company's balance sheet showed current assets of $32,000 and current liabilities of $24,000. During the current year, Butters issued common stock for 55,200 for cash and purchased 53 100 of alory on account. After these transactions were recorded Buttei's current ratio was (Round your final answer to two decimal places) DA 119 OB 133 OC 137 OD 156 Trivo Company has current assets of $90,000 and long-term assets of $100,000. Its total liabilities equal $60,000. Stockholders' equity is: OA. $250,000 OB. $130,000 OC. $190,000 OD. 5160,000
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