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Harry's balance sheet shows he has the following assets and liabilities. Checking account $ 3,000 Money market $ 12,000 401 (k) balance $ 50,000 IRA

  1. Harry's balance sheet shows he has the following assets and liabilities.

Checking account

$ 3,000

Money market

$ 12,000

401 (k) balance

$ 50,000

IRA balance

$ 20,000

Credit card debt

$ 5,000

Mortgage

$ 50,000

What is the current ratio?

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