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Mitchell Corporation has current assets of $1 million and current liabilities of $750,000. If they pay $250,000 of their accounts payable, what will their new

Mitchell Corporation has current assets of $1 million and current liabilities of $750,000. If they pay $250,000 of their accounts payable, what will their new current ratio be? (Points : 4) a)1.25:1 b)2.0:1 c)2.0:1 d)1.5:1

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