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Given the following information, calculate the current ratio. cash =$200,000 accounts receivable =$150,000 accounts payable =$160,000 inventory =$230,000 common stock (book value) =$600,000 long-term debt

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Given the following information, calculate the current ratio. cash =$200,000 accounts receivable =$150,000 accounts payable =$160,000 inventory =$230,000 common stock (book value) =$600,000 long-term debt =$500,000 notes payable =$70,000 net fixed assets =$840,000 Select one: a. 0.87 b. 1.52 c. 2.06 d. 2.52 e. 5.43

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