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Suppose a company starts with $8,000 in current assets and $1,000 in current liabilities. The company purchases $500 of inventory with accounts payable. After the

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Suppose a company starts with $8,000 in current assets and $1,000 in current liabilities. The company purchases $500 of inventory with accounts payable. After the purchase, what is the company's current ratio? Round your answer to 2 decimal places, for example 1.12

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