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Bobcat Company has a current ratio of 2:1. If Bobcat has current liabilities of $120,000, which one of the following is the amount of

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Bobcat Company has a current ratio of 2:1. If Bobcat has current liabilities of $120,000, which one of the following is the amount of Bobcat's current assets? $60,000 $120,000 $180,000 $240,000

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