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Kalem Corp. reported current assets of $56,000 and current liabilities of $32,000 on its most recent balance sheet. The company's current ratio is: $24,000 ($24,000)

Kalem Corp. reported current assets of $56,000 and current liabilities of $32,000 on its most recent balance sheet. The company's current ratio is:

$24,000

($24,000)

0.57:1.

1.75:1.

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