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Given the following account values, calculate the firm's current ratio : Cash $15,000; Short-term investments $2,000; Accounts receivable $34,000; Supplies $5,000; Long-term notes receivable $10,000;

Given the following account values, calculate the firm's current ratio:

Cash $15,000;

Short-term investments $2,000;

Accounts receivable $34,000;

Supplies $5,000;

Long-term notes receivable $10,000;

Equipment $70,000;

Factory Building $150,000;

Intangible assets $6,000;

Accounts payable $20,000;

Accrued liabilities payable $2,000;

Short-term notes payable $10,000;

Long-term notes payable $150,000.

show calculation.

should be shown with two decimal places (ex: x.xx).

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