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Total assets are $30.0 million, with $18.0 million being long-term assets. Current liabilities are $7.5 million and total liabilities are $27.0 million. The current ratio
Total assets are $30.0 million, with $18.0 million being long-term assets. Current liabilities are $7.5 million and total liabilities are $27.0 million. The current ratio would be closest to: O A. 1.6. OB. 1.1. O C. 1.5. OD 4.0.
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Managerial Accounting
Authors: John J. Wild, Ken W. Shaw
2010 Edition
9789813155497, 73379581, 9813155493, 978-0073379586
