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From the following data, Compute the current Ratio: Current Assets Cash and Cash Equivalents $4,00,000 Trade Receivables $16,0000 Inventory $ 2,40,000 Current liabilities Trade

From the following data, Compute the current Ratio: Current Assets Cash and Cash Equivalents $4,00,000 Trade Receivables $16,0000 Inventory $ 2,40,000 Current liabilities Trade Payables $ 4,00,000

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