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Single choice 15) You have been approached by a company director who wants to have a better understanding of the liquidity position of their business.

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Single choice 15) You have been approached by a company director who wants to have a better understanding of the liquidity position of their business. They provide you with the following information: - Property, plant and equipment = CU40,000 - Inventory = CU30,000 - Receivables = CU20,000 - Cash = CU5,000 - Payables = 15,000 - Long-term loans = 25,000 Based on this information, answer the following two questions. Calculate the current ratio. O The current ratio is 0.63 O The current ratio is 2.38 O The current ratio is 3.67 O The current ratio is 6.33

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