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Southport Industries company has current assets of $630,000 and a current ratio is 4.30. Assume that the company prepays rent for 9 months in the
Southport Industries company has current assets of $630,000 and a current ratio is 4.30. Assume that the company prepays rent for 9 months in the amount of $38,000. The current ratio after this transaction is closest to: Multiple Choice 5.81 4.56 4.30 O 404
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