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Exit submit The classified balance sheet for a company reported current assets of $1,364,181, total liabilities of $806,540, Common Stock of $1,070,000, and Retained Earnings
Exit submit The classified balance sheet for a company reported current assets of $1,364,181, total liabilities of $806,540, Common Stock of $1,070,000, and Retained Earnings of $137,260. The current ratio was 2.1 23 Which of the following statements is not correct? 01:04:47 Multiple Choice Total Assets are $2,013,800. The amount of current assets is 2.1 times the amount of current liabilities. Noncurrent liabilities are $137,260. c Exit submit The classified balance sheet for a company reported current assets of $1,364,181, total liabilities of $806,540, Common Stock of $1,070,000, and Retained Earnings of $137,260. The current ratio was 2.1 23 Which of the following statements is not correct? 01:04:47 Multiple Choice Total Assets are $2,013,800. The amount of current assets is 2.1 times the amount of current liabilities. Noncurrent liabilities are $137,260. c
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