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The following balance sheet information is provided for Duke Company for Year 2: Assets Cash Accounts receivable Inventory Prepaid expenses Plant and equipment, net of

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The following balance sheet information is provided for Duke Company for Year 2: Assets Cash Accounts receivable Inventory Prepaid expenses Plant and equipment, net of depreciation Land Total assets Liabilities and Stockholders' Equity Accounts payable Salaries payable Bonds payable (Due in ten years) Common stock, no par Retained earnings Total liabilities and stockholders' equity $ 5,400 11,550 14,700 1,500 19,400 13,300 $65,850 $ 2,730 8,330 11,500 17,000 26,290 $65,850 ings What is the company's current ratio? (Round your answer to 2 decimal places.) Multiple Choice o 153 o 140 o 3.00 o O o75

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