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Calculate the current ratios for the following: a) current assets: $700,000; current liability: $350,000 b) current assets: $300,000; current liability: $200,000 c) current assets: $500,000;

Calculate the current ratios for the following:
a) current assets: $700,000; current liability: $350,000
b) current assets: $300,000; current liability:
$200,000
c) current assets: $500,000; current liability: $250,000

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