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Federated Shipping has Cash of $500, Accounts Receivable of $700, and Office Supplies of $400. Federated owes $600 on Accounts Payable and has Salaries Payable
Federated Shipping has Cash of $500, Accounts Receivable of $700, and Office Supplies of $400. Federated owes $600 on Accounts Payable and has Salaries Payable of $100. Federated's current ratio is (Round the current ratio to two decimal places.) O A. 2.29 OB. 0.44 OC. 2.40 OD. 0.64
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