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Given the following data points, calculate the Current Ratio (to two decimal places): Cash 1,000 Accounts Receivable 400 Inventory 400 Fixed Assets 1,000 Accounts

Given the following data points, calculate the Current Ratio (to two decimal places): Cash 1,000 Accounts Receivable 400 Inventory 400 Fixed Assets 1,000 Accounts Payable 1,250 Accrued Liabilities 200 Debt 500 Equity 850

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