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Wayment Corporation's total current assets are Php310,000, its noncurrent assets are Php680,000, its total current liabilities are Php270,000, its long-term liabilities are Php460,000, and its

Wayment Corporation's total current assets are Php310,000, its noncurrent assets are Php680,000, its total current liabilities are Php270,000, its long-term liabilities are Php460,000, and its stockholders' equity is Php260,000.
Required:
Compute the company's current ratio.

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