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Based on the following data, what is the current ratio for the firm? Inventory = $2,000 Accounts Payable = $5,000 Plant and equipment = $20.000

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Based on the following data, what is the current ratio for the firm? Inventory = $2,000 Accounts Payable = $5,000 Plant and equipment = $20.000 Accounts Receivable = $10,000 Accruals = $3,000 Long-term debt = $7,000 Marketable Securities = $4,000 Cash = $2,000

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