Question: You are the financial analyst at Warner Window Corp., where the following data has been supplied
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Question:
Question:
You are the financial analyst at Warner Window Corp., where the following data has been supplied to you:
total current liabilities $100,000
sales 600,000
interest expense 5,000
cash 20,000
inventory200,000
accounts receivable 80,000
net profit margin 6.5%
The current ratio is:
| 5.0 |
| 4.0 |
| 3.0 |
| 9.0 |
| 10.9 |
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