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Segment 1C Q2 3. Current Ratio [LO2] Explain what it means for a firm to have a current ratio equal to .50. Would the firm

Segment 1C Q2

3. Current Ratio [LO2] Explain what it means for a firm to have a current ratio equal to .50. Would the firm be better off if the current ratio were 1.50? What if it were 15.0? Explain your answers.

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