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Calculate Current Ratio: Requirements: Given the balance sheet data: Current Assets: $250,000 Current Liabilities: $120,000 Compute the current ratio. Provide the calculated current ratio.

Calculate Current Ratio: Requirements:

    • Given the balance sheet data:
      • Current Assets: $250,000
      • Current Liabilities: $120,000
    • Compute the current ratio.
    • Provide the calculated current ratio.

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