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Southport Industries company has current assets of $590,000 and a current ratio is 3.90. Assume that the company prepays rent for 9 months in the

Southport Industries company has current assets of $590,000 and a current ratio is 3.90. Assume that the company prepays rent for 9 months in the amount of $34,000. The current ratio after this transaction is closest to:

Multiple Choice

A)5.03.

B) 3.90.

C) 3.68.

D)4.12.

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