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The balance sheet of Mister Ribs Restaurant reports current assets of $34,000 and current liabilities of $20,000. Required: a. Calculate the current ratio. b.

The balance sheet of Mister Ribs Restaurant reports current assets of $34,000 and current liabilities of $20,000. Required: a. Calculate the current ratio. b. Does it appear likely that Mister Ribs will be able to pay its current liabilities as they come due in the next year? Complete this question by entering your answers in the tabs below. Required A Required 8 Calculate the current ratio. Numerator Denominator Current Ratio

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