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Current assets - $210,000 Total assets - $900,000 Current liabilities $75,000 Total liabilities - $500,000 What is the current ratio (carry out to one decimal

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Current assets - $210,000 Total assets - $900,000 Current liabilities $75,000 Total liabilities - $500,000 What is the current ratio (carry out to one decimal place)? Question 3 0.2 pts On December 1. Casino Cruise Lines borrows $1,000,000 from Bank of America signing a 6 month, 5% note. Principal and interest is payable at maturity on May 31. On May 31 when the company pays the bank back, how much will the company record as interest expense? $25.000 D52083 54167

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