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Southport industries has current assets of $540,000 and a current ratio is 3.40. Assume that the company prepays rent for 9 months in the amount

Southport industries has current assets of $540,000 and a current ratio is 3.40. Assume that the company prepays rent for 9 months in the amount of. $29,000. The current ratio after this transaction is closest to: Muitipie Chaice 322. 416 3.40 3. 58

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