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Using the data below from Oregon LLC, compute Current Ratio. Note: The retained earnings amount reported is as of the END of the year (after
Using the data below from Oregon LLC, compute Current Ratio.
Note: The retained earnings amount reported is as of the END of the year (after closing entries have been made).
Accounts Payable | $170 |
Accounts Receivable | 220 |
Capital Stock | 230 |
Cash | 70 |
Cost of Goods Sold | 1,200 |
Inventory | 300 |
Long-term Debt | 720 |
Net Income | 160 |
Plant, Property, and Equipment (net) | 1,100 |
Retained Earnings | 490 |
Sales | 2,500 |
Group of answer choices
1.91
0.97
35
3.47
0.71
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