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Dema Co. had the following balances on Dec 31, 2020 which appeared in its financial statements: cash $ 17000, accounts receivable $ 13000, prepaid rent

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Dema Co. had the following balances on Dec 31, 2020 which appeared in its financial statements: cash $ 17000, accounts receivable $ 13000, prepaid rent $ 10000, inventory $ 15000, building (net) $ 50000, equipment (net) $40000, accounts payable $20000, salaries payable $ 10000, bonds $60000, share capital $55000, net sales $200000, cost of goods sold $ 80000, administrative and selling expenses $ 60000, paid interest $10000, tax $ 10000 Compute the current ratio: Select one: O a. 2 O b. 1.50 O c. There is no correct answer O d. 1.83

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