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PLEASE READ CAREFULLY! If a retail store has a current ratio of 1.6 to 1 and current assets of $240,000, the amount of current liabilities

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If a retail store has a current ratio of 1.6 to 1 and current assets of $240,000, the amount of current liabilities is: Select one: a. $72,000 b. $180,000 c. $90,000 d. $108,000 e. $150,000

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