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Topic: Liquidity ratio LO: 4 11. Use the selected balance sheet and income statement information below for Brahtz, Inc. to compute the current ratio. Explain

Topic: Liquidity ratio LO: 4 11. Use the selected balance sheet and income statement information below for Brahtz, Inc. to compute the current ratio. Explain what information this ratio provides. Current assets $25,725,338 Current liabilities $8,955,000 Pretax income Interest expense $2,625,225 $750,000

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