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Current Ratio The following information is available for Sam, Inc.: 2022 2021 Current assets $102,000 $103,200 Total assets 560,000 500,000 Current liabilities 50,000 48,000 Total

Current Ratio The following information is available for Sam, Inc.: 2022 2021 Current assets $102,000 $103,200 Total assets 560,000 500,000 Current liabilities 50,000 48,000 Total liabilities 245,000 227,500 Calculate the current ratio for each year

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