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Nord Company had $422,000 of current assets and $120,000 of current liabilities before borrowing $105,000 from the bank with a 3-month note payable. What is
Nord Company had $422,000 of current assets and $120,000 of current liabilities before borrowing $105,000 from the bank with a 3-month note payable. What is Nord's current ratio before the borrowing? What is Nord's current ratio after the borrowing? Enter the answer rounded to two decimals places. Enter only the numerical part of the answer. For
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