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. Based on the current ratio in #10 above, which one of the following is a correct statement about this company? a. This company has

. Based on the current ratio in #10 above, which one of the following is a correct statement about this company?

a. This company has sufficient cash flow.

b. This company has enough current assets to meet its current liabilities.

c. This company has too much inventory.

d. This company fails to meet the liquidity threshold.

e. This company barely passes the liquidity test.image text in transcribed

Balance Sheet Cash & Cash Equivalents 50.000.00 500,000.00 638345.00 Non-current Assets 4,752,500.00 Plant & Property Total Assets s 18.150 S95.00 Current Liabilities 980,132.13 Accounts Payable Notes Payable s 1960.264.26 326710.71 4 13949.94 Bonds Mortgages 3.049.299.96 6 S34214-20 Retained Earnings 726,023.80 Total Liabilities & Egu s 18.150 595.00 Income Statement Sales Revenue Invest Income S 1.024.510.50 s 3,129.953Joe Total Income 1,243 575.00 End Inventory S 638.345.000 S 1.358.350.000 Utilities 543.512.500 S 475.250.00 Operating Expense S 1.018.762.500 Interest Payment 148653.37 S 211 165.49

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