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( Calculating financial ratios ) The balance sheet and income statement for the J . P . Robard Mfg . Company are as follows: Calculate

(

Calculating financial ratios

)

The balance sheet and income statement for the J

.

.

Robard Mfg

.

Company are as follows:

Calculate the following ratios:

Data table

The company's current ratio is

. (

Round to two decimal places.

)

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