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The following contains information from the records of the Becker Architecture Firm. Becker Architecture Firm Selected Financial Information December 31, 2025 Current Assets Current Liabilities
The following contains information from the records of the Becker Architecture Firm. Becker Architecture Firm Selected Financial Information December 31, 2025 Current Assets Current Liabilities Long-Term Assets Long - Term Liabilities Total Revenues Total Expenses $94,500 27,000 99,000 65,000 53,000 30,000 Which of the following statements is an accurate interpretation of the current ratio of the Becker Architecture Firm? (Round your answer to two decimal places.) ..... A. The company has $1.52 of current assets for every $1.00 of liabilities. B. The company has $0.64 of current assets for every $1.00 of current liabilities. C. The company has $3.50 of current assets for every $1.00 of current liabilities. OD. The company has $2.52 of current assets for every $1.00 of liabilities
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