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An analyst is reviewing the liquidity of each company in her investment portfolio due to the challenges introduced by COVID-19. A company in her portfolio
An analyst is reviewing the liquidity of each company in her investment portfolio due to the challenges introduced by COVID-19. A company in her portfolio has total assets of $500 million, of which $80 million are current assets. Total equity for the company is $325 million and long-term liabilities are $100 million. What is this company's current ratio?
0.64
0.79
0.94
1.07
0.80
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