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Bobcat Corporation's current assets are $560,000 and its current ratio is 3.60. Assume that the company prepays rent for 9 months in the amount of

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Bobcat Corporation's current assets are $560,000 and its current ratio is 3.60. Assume that the company prepays rent for 9 months in the amount of $31,000. The current ratio after this transaction is closest to: Multiple Choice

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