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Upriver Tours has balance sheet values of: Inventory $70,500; accounts receivable $50,700; accounts payable $58,900; cash $32,300, notes payable $97,733 (Long term or short term
Upriver Tours has balance sheet values of: Inventory $70,500; accounts receivable $50,700; accounts payable $58,900; cash $32,300, notes payable $97,733 (Long term or short term not specific), long-term debt $134,700, and net fixed assets $504,500. What is the current ratio? Do you believe the company can meet its short-term obligations?
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