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If current assets are 60,000, the acid-test ratio is 1:1 and closing inventories are valued at 10,000, the current ratio will be: A. 0.20:1 B.

If current assets are 60,000, the acid-test ratio is 1:1 and closing inventories are valued at 10,000, the current ratio will be: A. 0.20:1 B. 2.50:1 C. 1.20:1 D. 1:1

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