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If the current ratio of a company is 3.0, it means that the company Select one: a. Has $3.00 in current assets for every dollar
If the current ratio of a company is 3.0, it means that the company Select one: a. Has $3.00 in current assets for every dollar that it owes in the next 12 months O b. Has current assets balance that exceeds its current liabilities balance by $3 O c. Will have to sell $3.00 of long-term assets for every dollar that it owes in the next 12 months d. Has $3.00 in current liabilities for every dollar of assets it owns in the next 12 months
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