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PLEASE SHOW ALL WORK, THANKS!! What is the current ratio for a company with current assets of $10 mil and current liabilities of $5 mil?

PLEASE SHOW ALL WORK, THANKS!!

What is the current ratio for a company with current assets of $10 mil and current liabilities of $5 mil? If the company issues short-notes payable and use the money raised to buy more inventory, what would be the new current ratio?

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