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Blossom Incorporated had the following transactions involving current assets and current liabilities during February 2 0 2 5 . Feb. 3 Collected accounts receivable of

Blossom Incorporated had the following transactions involving current assets and current liabilities during February 2025.
Feb. 3 Collected accounts receivable of $10,000.
7 Purchased equipment for $24,000 cash.
11 Paid $2,000 for a 1-year insurance policy
14 Paid accounts payable of $11,000.
18 Declared cash dividends of $4,000.
Additional information:
As of February 1,2025, current assets were $120,000 and current liabilities were $30,000.
Compute the current ratio as of the beginning of the month and after each transaction. (Round answers to 2 decimal places, e.g.1.83:1.)
Current ratio as of February 1,2025 :1
Feb. 3
Feb. 7 :1
Feb. 11 :1
Feb. 14 :1
Feb. 18 :1 :1
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