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Question 19 What is the current ratio for a company with the following information: Account Amount Cash $90,000 Accounts receivable Inventory Buildings Accounts payable Current

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Question 19 What is the current ratio for a company with the following information: Account Amount Cash $90,000 Accounts receivable Inventory Buildings Accounts payable Current portion of long-term debt Long-term debt $72,000 $110,000 $75,000 $81,000 $18,000 $130,000 A. 3.51 B. 1.52 o c 2.75 0.3.36 A Moving to another question will save this response. Remaining Time: 1 hour, 37 minutes, 27 seconds. Question Completion Status: W A Moving to another question will save this response. Question 20 Current Ratio is defined as: All assets available for sale after long term debt is paid off. B. The percentage of assets the company keeps for one year or less. The current assets divided by current liabilities. The current assets remaining after paying current liabilities. A Moving to another question will save this response

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