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iLearn : MBA_602N_700_16F : Tests & Quizzes Cutler Enterprises has current assets equal to $5 million. The company's current ratio is 1.25, and its quick

iLearn : MBA_602N_700_16F : Tests & Quizzes
Cutler Enterprises has current assets equal to $5 million. The company's current ratio is 1.25, and its quick ratio is 0.75. What is the firm's level of current liabilities (in millions)?
  • A. a. $2.85
  • B. b. $3.0
  • C. c. $4.0
  • D. d. $0.9
  • E. e. 1.9

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