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Question 19 A company's year-end data shows the following amounts. Current assets$65,000Current liabilities$25,000Net income$7,500Net sales$125,000Total assets$150,000 Based on this information, what is the company's current

Question 19

A company's year-end data shows the following amounts.

Current assets$65,000Current liabilities$25,000Net income$7,500Net sales$125,000Total assets$150,000

Based on this information, what is the company's current ratio?

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