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Milton Production uses LIFO and has reported current liabilities at year end in the amount of $ 8 2 . 3 million. The current assets

Milton Production uses LIFO and has reported current liabilities at year end in the amount of $82.3 million. The current assets at the
same time total $110.4 million. Given this information, the current ratio would be
1.7.
1.3.
1.2.
2.9.
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