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If an organization has current assets of $120,000, total assets of $600,000, current liabilities of $60,000, long-term debt of $340,000, and total liabilities of $400,000,

If an organization has current assets of $120,000, total assets of $600,000, current liabilities of $60,000, long-term debt of $340,000, and total liabilities of $400,000, what is the current ratio?

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