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Current Assets is $200,000, of which $50,000 is Inventory, and Current Liabilities is $100,000. The Current Ratio is: a. 2.0 b. 1.5 c. 0.5 d.
Current Assets is $200,000, of which $50,000 is Inventory, and Current Liabilities is $100,000.
The Current Ratio is:
a.
2.0
b.
1.5
c.
0.5
d.
None of the above
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Personal Financial Planning
Authors: Lawrence J. Gitman, Michael D. Joehnk
11th Edition
0324422865, 978-0324422863
